Visa is integrating stablecoin infrastructure into its Visa Direct platform, enabling merchants in specific markets to preload stablecoins and send funds directly to digital wallets. This infrastructure-supported initiative, provided by BVNK, aims to offer faster access to funds, especially outside banking hours. Visa emphasizes the potential of stablecoins to reduce transaction friction and expand efficient payment options. The service is initially launched in high-demand markets such as the United States and plans to gradually expand to a broader scope. Visa's stock price is $327.88 per share, up 6% from last year.
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Visa is integrating stablecoin infrastructure into its Visa Direct platform, enabling merchants in specific markets to preload stablecoins and send funds directly to digital wallets. This infrastructure-supported initiative, provided by BVNK, aims to offer faster access to funds, especially outside banking hours. Visa emphasizes the potential of stablecoins to reduce transaction friction and expand efficient payment options. The service is initially launched in high-demand markets such as the United States and plans to gradually expand to a broader scope. Visa's stock price is $327.88 per share, up 6% from last year.