#StablecoinPayments Visa, Mastercard, and Stablecoin

This week, Visa has teamed up with a lesser-known but ambitious fintech startup, Bridge, to launch a stablecoin-backed card in six Latin American countries. The term "backed" here is crucial - it refers to the dollar, just in digital form. USDC, to be more precise. And now, a Peruvian citizen can go to the store to buy watermelon, pay with stablecoin, and the seller will receive pesos. And all of this - through Visa.

Wait a second... Do you understand what this means?

150 million merchants are now accepting digital dollars from citizens who have never had a regular bank account. This is not just fintech. This is a reboot of the financial system.

Inflation? Thank you, we are in the digital world.

In countries like Argentina, where inflation exceeds 200% per year, the idea of saving in Argentine pesos looks like trying to hold water in a sieve. And this is where the alternative arises: stablecoin. Digital dollars unaffected by the whims of the local central bank, which, arguably, few trust.