#StablecoinPayments A giant of credit cards Visa announced on Wednesday the launch of a new product that will allow consumers to pay with stablecoins in six countries, including Mexico and Argentina. The offering, developed by Visa in conjunction with the startup Bridge, owned by Stripe, is a significant step towards making cryptocurrencies part of traditional commerce, both for merchants and consumers.

The launch, which Visa intends to expand to other countries, comes at a time when stablecoins — blockchain-based assets pegged to a fiat currency like the dollar — are rapidly gaining popularity among traditional financial means due to the ease with which they can be transferred between accounts and across borders.