CoinVoice has recently learned that, according to TheBlock, Visa has partnered with Bridge, a stablecoin infrastructure company recently acquired by Stripe, to launch a Visa card that supports stablecoin payments in the Latin American region. Bridge will handle backend operations, including stablecoin balance withdrawals and fiat currency conversions.
The product will first be launched in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile, where merchants will receive payments in local currency.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CoinVoice has recently learned that, according to TheBlock, Visa has partnered with Bridge, a stablecoin infrastructure company recently acquired by Stripe, to launch a Visa card that supports stablecoin payments in the Latin American region. Bridge will handle backend operations, including stablecoin balance withdrawals and fiat currency conversions.
The product will first be launched in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile, where merchants will receive payments in local currency.