#StablecoinPayments

Embracing Stablecoins: Both Visa and Mastercard are actively expanding their capabilities to incorporate stablecoin payments.

* Visa has launched a new product enabling consumers in six Latin American countries (Mexico, Argentina, Colombia, Ecuador, Peru, and Chile) to use stablecoins for everyday purchases. This service allows individuals receiving payments in USD stablecoins to use Visa-branded cards (physical or digital) for local transactions, with merchants receiving payment in their local currency. Visa is partnering with Bridge (founded by former Coinbase employees) for this initiative.