Original sourcepaymentexpert.comAdditional: thebitgazette.com
Summary
Visa and Reap launched a global stablecoin credit card program covering more than 100 markets. The partnership uses Visa's card infrastructure for authorization, clearing, compliance, and operations, letting partners fund and manage spending with stablecoins, use stablecoins as collateral, and repa…
Key points
- Fintechs and enterprises looking to launch stablecoin card programs can understand the compliance and clearing architecture required for cross-border card issuance today.
- Card networks are pushing stablecoins from trading use into everyday corporate spending and cross-border payments, a significant expansion at the payments infrastructure level.
- Enterprises and fintechs can issue cards in multiple countries through a single partnership and settle in stablecoins, cutting cross-border funding and foreign-exchange conversion costs.
Editorial note
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