Deep Tide TechFlow News, June 19, according to CoinDesk, payment card giant Visa has expanded its stablecoin business to the Central and Eastern Europe, Middle East, and Africa (CEMEA) region, and has formed a strategic partnership with the African cryptocurrency exchange Yellow Card.

Godfrey Sullivan, Visa's Senior Vice President and Head of CEMEA Products and Solutions, stated: "By 2025, we believe that every institution transferring funds will need a stablecoin strategy."