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Visa Pilots Pre-Funded Stablecoins for Cross-Border Payments
Visa Pilots Pre-Funded Stablecoins for Cross-Border Payments
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BTCCSquare news:
Visa is testing a new pre-funding mechanism for cross-border payments using stablecoins through its Visa Direct platform. The initiative aims to eliminate the need for businesses to maintain large fiat balances in advance, offering faster liquidity access and greater flexibility in managing global payouts.
Stablecoins, crypto tokens pegged to traditional assets like fiat currencies, are gaining traction as regulatory frameworks mature. Visa's move reflects broader institutional adoption of blockchain-based solutions for efficient settlement.
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