Visa Explores Stablecoins to Transform the $40 Trillion Global Credit Market
Visa is making a strategic pivot toward stablecoins, signaling a potential overhaul of the $40 trillion global credit industry. The payments giant is collaborating with an undisclosed stablecoin provider to develop the technical infrastructure needed for large-scale adoption. This MOVE positions Visa at the intersection of traditional finance and blockchain innovation.
The initiative capitalizes on stablecoins' unique attributes—price stability pegged to fiat currencies and blockchain's efficiency. While historically used for crypto trading, these digital assets now show promise for streamlining credit issuance and settlement. Visa's research highlights how smart contract technology could bridge the gap between legacy systems and decentralized finance.
