Visa has partnered with Baanx to launch a USDC payment card that facilitates USDC transactions from self-custodial wallets. This innovation aims to enhance global stablecoin adoption and integrate cryptocurrencies into everyday payments.
Utilizing real-time smart contracts, users can convert USDC to fiat for global payments, reducing reliance on custodial systems. This card provides seamless access to USD-backed stablecoins, empowering users in regions with limited stable currency options.
The initiative has garnered positive responses from the DeFi community, highlighting its potential to bridge digital finance with traditional systems. Market data shows USDC's stability, indicating growing interest in stablecoin utility among regulators.
Full story here: https://coincu.com/335183-baanx-visa-usdc-payment-card-2
