According to Bijié Wǎng, Visa has expanded its cryptocurrency services to support four major stablecoins—USDT, USDC, PYUSD, and USDB—on Ethereum, Solana, Stellar, and Avalanche blockchains. These can be instantly converted into over 25 fiat currencies. The company reported that the annualized transaction volume for stablecoin settlements reached $2.5 billion, with over 14 billion cryptocurrency transactions processed since 2020. Visa also launched a tokenization platform to allow banks to mint and burn stablecoins, enhancing liquidity for remittances and cross-border payments. Currently, the Visa network supports more than 130 stablecoin-linked card programs in 40 countries.
Visa Expands Crypto Services to 40 Countries, Stablecoin Transaction Volume Hits $2.5 Billion
币界网Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.