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Visa partners with WeFi, founded by the former Tether CEO, to promote on-chain payments
Golden Finance reports that Visa and blockchain-based stablecoin infrastructure company WeFi announced on Tuesday that they are collaborating to build the “last mile” to provide users with robust on-chain payments and banking services.
WeFi, co-founded by former Tether founder Reeve Collins, described its platform in a press release as “a coordination layer between decentralized finance (DeFi) and regulated payment infrastructure, aimed at supporting use cases such as cross-border spending and on-chain value storage.”