Visa is partnering with a stablecoin platform to launch stablecoin-linked cards for consumers, initiating this service in Latin America—including Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. The cards will allow users to make purchases at any merchant that accepts Visa by converting stablecoin to local fiat currency. This move is part of a broader trend expected to propel stablecoin adoption, which is currently valued at $230 billion, into the trillions. Stablecoins are seen as facilitating fast, low-cost global payments and other financial services, making them a prime application within the crypto ecosystem. Prior interest in stablecoins was illustrated by Stripe's acquisition of Bridge, highlighting their potential even for non-crypto companies. Eric Risley from Architect Partners dubbed this acquisition a pivotal moment for the industry, underscoring the growing integration of stablecoins into mainstream payment networks. The shift towards tokenized money shows increasing interest and utility in this space, aiming to reshape the financial landscape significantly.

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