Crypto World News reports that Visa and WeFi are collaborating to launch on-chain banking services, allowing self-custodied stablecoins to be used in daily card payments in Europe, Asia, and Latin America. The partnership aims to explore on-chain banking and stablecoin-based payment use cases, expand Visa's stablecoin projects, and connect decentralized financial assets with Visa's global acceptance network. WeFi's platform is described as a "coordination layer" between decentralized finance and regulated payment infrastructure, supporting cross-border spending, on-chain value storage, and stablecoin payments. WeFi co-founder and CEO Maksym Sakharov stated that the goal is to meet the demand for seamless cross-border payments. The collaboration will focus on regulated fiat-backed stablecoins suitable for daily payments, with other digital assets to be considered later.

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