#StablecoinPayments Launched by Visa and Bridge in LATAM
Visa has started a new service in Latin America to help people make payments using stablecoin. The company is working with Bridge, a tech firm owned by Stripe, to make this happen. Their goal is to give people in countries like Colombia, Ecuador, and Mexico a new and easy way to pay using digital money.
This service will let users spend stablecoin, which are digital dollars, at local shops that accept Visa cards. With over 150 million stores connected to Visa worldwide, this can help many people.
Making Payments Easier
With this advanced system, people can use stablecoins instead of regular money to buy things. This digital currency is better for some users because they don’t change in value much. This can help in countries where prices go up quickly or money loses value.