๐ฅ Urgent: Visa expands stablecoin operations in Europe, the Middle East, and Africa!
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๐ Strategic partnership and global expansion:
Visa is expanding its stablecoin operations across Europe, the Middle East, and Africa (CEMEA). It has partnered with the African cryptocurrency platform Yellow Card.
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๐ก Expansion and partnership goals:
* ๐ Broader access: To enable USD transaction settlements via blockchain.
* ๐ธ Cost reduction: Lower settlement costs and improve liquidity management.
* ๐ 24/7 operations: Support settlements around the clock, seven days a week.
* ๐ค Collaboration with Yellow Card: Exploring stablecoin use cases in African markets.
โDo you expect these steps to accelerate the adoption of stablecoins in these developing regions?
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