The Visa Payment Cards (V) has expanded its Stablecoin capacities through the Central and Eastern Europe region, from the Middle East and Africa (CEMEA), and has also trained a strategic partnership with African Crypto Exchange Yellow Card.
Visa seems to double the stablescoins, which quickly become the new internet payment rails, having invested last month in the payment company based on the stablescoin bvnk.
In 2023, Visa became one of the first major payment networks to pay transactions in the stablecoin USDC de Circle. To date, more than $ 225 million in volume of Stablecoin have been settled by the visa among participating customers, according to a press release.
“In 2025, we believe that each institution that moves money will need a stable strategy,” said Godfrey Sullivan, Vice-President of Visa and product manager and solution for CEMEA in a press release.
The Yellow Card partnership will explore cross -border payment options, will rationalize treasure operations and improve liquidity management.
“With Visa, we build a bridge between traditional finance and the future of the money movement. We are impatient to continue innovating new solutions that can transform how money is evolving for even more secure, efficient and transparent payment solutions, “said Chris Maurice, co-founder and CEO of Yellow Card.
