Wu Shuo learned that the digital payment giant Visa announced a partnership with the stablecoin infrastructure platform Brale to jointly explore stablecoin-based settlement services on the Canton Network. The two parties will conduct a proof of concept (PoC) to test how the USD stablecoin SBC issued by Brale can support faster and more programmable settlements on blockchain infrastructure with privacy protection features, while helping financial institutions and payment companies maintain autonomous visibility control over sensitive settlement transaction data. Visa has supported stablecoin settlements since 2021, allowing settlements of VisaNet debts through supported stablecoins.

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