Visa is expanding its use of stablecoins for settlement in Central and Eastern Europe, the Middle East and Africa (CEMEA) through a new partnership with crypto infrastructure company Aquanow.
In an announcement Thursday, Visa said it partnered with Aquanow “to settle transactions using approved stablecoins such as USDC, reducing costs, operational friction, and settlement times.” The company said the move came amid strong demand from banks and payment companies for faster, cheaper…
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