#StablecoinPayments Bridge, which was acquired by Stripe earlier this year, will work on the back-end of transactions that customers make with their linked Visa cards to deduct funds from a user's stablecoin balance and then convert the payment to the local currency for merchants.
CONTEXT
Thanks to the partnership with Visa, developers creating products on Bridge will be able to add linked Visa cards to stablecoins to their list of offerings.
Users will be able to use the linked stablecoin cards at any merchant that accepts Visa. New card programs can be issued in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. Visa and Bridge announced that the product will be available in Europe, Africa, and Asia in the coming months.