#StablecoinPayments

Money has changed from cards to blockchain. Stablecoins are reshaping the global economy.

Visa announced a partnership with Bridge to launch stablecoin-backed cards in Latin America. This means that instead of these cards being tied only to the dollar or euro, you will be able to spend stablecoins like USDC or USDP for any purchase at over 150 million merchants that accept Visa. This is a significant shift in global payment strategy.

Why is this step very important?

The presence of Visa and Mastercard in the equation gives confidence to ordinary users and businesses that stablecoins have become part of the financial infrastructure, not just investment assets.

In Latin America, like Peru and Argentina, where inflation is high and local currencies are unstable, stablecoins will provide protection against price fluctuations and enable people to obtain a stable payment method.

The user doesn't need to understand blockchain or complicate themselves with complicated digital wallets; they will just use the card like any regular bank card.

After that, Mastercard formed partnerships with Circle, Paxos, and Novi to integrate stablecoin payments globally. Everything points to one direction: stablecoins will become an integral part of our daily lives in a few years.