Visa Bets Big on Stablecoins—Launches Crypto-Linked Cards Across Latin America
Visa just flipped the script on Latin America’s payments landscape—piloting stablecoin-pegged debit cards in three major markets. Because nothing says ’financial inclusion’ like letting banks profit from crypto volatility while you foot the bill.
The move targets Argentina, Brazil, and Mexico—countries where inflation and weak currencies make dollar-pegged stablecoins a lifeline. Visa’s playing both sides: courting crypto natives while giving traditional finance a backdoor into digital assets.
Behind the PR spin? A naked land grab for the next billion users. Latin America’s crypto adoption is exploding, and Visa won’t let Mastercard or local fintechs steal this meal ticket. The real test? Whether these cards actually save users money—or just add another layer of friction (and fees) to crypto spending.
