Visa Partners with Bridge to Expand Stablecoin Utility in Latin America
Visa’s collaboration with stablecoin platform Bridge marks a significant step toward mainstream crypto adoption. The payments giant will issue stablecoin-linked cards across six Latin American countries, enabling direct consumer spending from digital dollar balances.
Merchants receive local fiat currency through Visa’s network while Bridge handles the stablecoin-to-fiat conversion. This infrastructure play targets Argentina, Colombia, Ecuador, Mexico, Peru and Chile - regions with historically volatile currencies where dollar-pegged assets hold particular appeal.
The $230 billion stablecoin market continues evolving beyond trading pairs into practical payment solutions. Institutional adoption narratives gain credibility as traditional finance giants like Visa build on-ramps for crypto-native liquidity.