Visa expands payments with stablecoins to Africa, Middle East and Eastern Europe

Visa It promotes its adoption of Stablecoins with New Alliance in Africa and emerging regions. The initiative points to more efficient and safe cross -border payments.

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• Visa He allied with the African Exchange Yellow Card to enhance payments with stablcoins.
• The company has already settled more than USD $ 225,000,000 in transactions with USDC
• Visa It provides that every financial institution will need a strategy with Stablecoins by 2025.

Visa, one of the world’s largest payment networks, has officially expanded its infrastructure for transactions with Stablecoins through the regions of Central and Eastern Europe, the Middle East and Africa (CEMEA).

According to a statement published by Visa, reviewed by COINDESKthis new initiative reinforces the company’s commitment to the stablcoins, which considers modern mechanisms to transfer value, this with technological benefits that boost payments and reduce operational costs.

Visa is consolidated as a pioneer in payments with USDC

Visa was one of the first payment networks to adopt liquidations with the stablecoin USDC issued by Circle. Since 2023, the company has used this digital currency to complete transactions in its network, reaching a total volume of more than USD $ 225,000,000 in liquidated payments.

According to Godfrey Sullivan, senior vice president of products and solutions for the cemea region of Visa, The road is clear: “In 2025, we believe that every institution that moves money will need a strategy with Stablecoins.”

These statements reaffirm the strategic approach that Visa It has been promoting, not only by integrating digital currencies into their systems, but also with investments, such as the one recently made in the firm Bvnk, Specialized in payments with Stablecoins.

Alliance with Yellow Card For cross -border payments

Additionally, the company announced a collaboration with Yellow card, An exchange of cryptocurrencies with presence in multiple African countries, which aims to explore new international payment solutions and improve treasury and liquidity management in emerging markets.

Chris Maurice, co -founder and CEO of Yellow Cardexplained the purpose of the alliance: “Together with Visa, we are building a bridge between traditional finances and the future of the money movement. We want to continue innovating with solutions that transform the way the value is transferred, making it safer, efficient and transparent.”

The role of Yellow Card As a key actor in the African cryptocurrency ecosystem, he has been recognized several times for his proactive regulatory approach and his commitment to financial education in the continent.

Stablecoins advance in international payments

The stablecoins, being backed by real assets such as the US dollar, allow rapid, economic and less volatility transfers than other cryptocurrencies. Its adoption by traditional institutions such as Visa It represents a key milestone in the integration of crypto infrastructure with the global financial system.

In regions such as Africa and the Middle East, where remittances and cross -border payments often face high costs and waiting times, the use of Stablecoins could represent a transformative solution.

Visa and Yellow Card They add up to a growing trend that seeks to reimagine international financial infrastructure using blockchain technology and stable digital currencies.

This alliance also indicates that traditional financial giants are willing to evolve. The shared vision between both companies points to a convergence between centralized and decentralized finances, where interoperability and efficiency will be the pillars of the new global financial system.

Although the path to a massive adoption of Stablecoins still faces regulatory and technological challenges, movements such as this consolidate the idea that the payments of the future will be deeply linked to technology Blockchain.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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