#DigitalAssetBill Visa has begun a new service in Latin America to help people make payments using stablecoin. The company is working with Bridge, a technology firm owned by Stripe, to make this possible. Its goal is to offer people in countries like Colombia, Ecuador, and Mexico a new and easy way to pay using digital money.

This service will allow users to spend stablecoin, which are digital dollars, in local stores that accept Visa cards. With over 150 million stores connected to Visa worldwide, this can help many people.

Facilitating Payments

With this advanced system, people can use stablecoins instead of regular money to buy things. This digital currency is better for some users because it doesn’t fluctuate much in value. This can help in countries where prices rise quickly or money loses value.

Bridge will also make it easier for app creators to add payments with this currency to their platforms. Developers only need to use a simple connection (called API) to utilize the service.