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Visa advances stablecoin-based cross-border payments
In contrast to the tightening regulatory trends in some Asian regions, global payment giant Visa announced a strategic partnership with Aquanow to leverage stablecoins for faster cross-border settlements. This move marks a significant step toward integrating blockchain payments into the traditional financial system. By utilizing stablecoins for international settlements, Visa aims to reduce transaction friction, shorten settlement times, and enhance the efficiency of global capital flows.