#StablecoinPayments Visa has partnered with Bridge, a Stripe-owned stablecoin platform, to launch stablecoin-backed Visa cards across Latin America. Users in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile can now spend digital dollars at over 150 million Visa-accepting merchants worldwide. Bridge handles real-time conversion of stablecoins into local currencies during transactions, ensuring seamless payments for merchants. This initiative aims to integrate stablecoins into everyday financial tools, enhancing accessibility and convenience. The rollout is set to expand to Europe, Africa, and Asia in the coming months. This move follows Mastercard’s recent expansion into stablecoin payments, signaling a growing trend among major payment networks to embrace digital assets.
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