Visa partners with Aquanow to use stablecoin ( like USDC) for processing payments in Eastern Europe, the Middle East, and Africa. The aim is to fall costs, shorten international money transfer times, and enable 24/7 payments instead of having to go through multiple intermediaries.
Stablecoins are currently not only used in crypto but are increasingly being accepted by traditional financial institutions. For example, Deutsche Börse, Germany's largest exchange, is also preparing to integrate euro stablecoins into their custody and payment systems. Although regulators are still discussing regulations, the overall trend is very clear: stablecoins are becoming the modern payment solution that large organizations like Visa are promoting.
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Visa partners with Aquanow to use stablecoin ( like USDC) for processing payments in Eastern Europe, the Middle East, and Africa. The aim is to fall costs, shorten international money transfer times, and enable 24/7 payments instead of having to go through multiple intermediaries.
Stablecoins are currently not only used in crypto but are increasingly being accepted by traditional financial institutions. For example, Deutsche Börse, Germany's largest exchange, is also preparing to integrate euro stablecoins into their custody and payment systems. Although regulators are still discussing regulations, the overall trend is very clear: stablecoins are becoming the modern payment solution that large organizations like Visa are promoting.