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Visa to Enable Stablecoin Transfers via Visa Direct

The payments giant plans to integrate stablecoin transactions into its Visa Direct platform, expanding digital asset capabilities for global users.

Summary

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Terms & Concepts
  • Stablecoin: A type of cryptocurrency pegged to a stable asset, such as the US dollar, to minimize price volatility.
  • Visa Direct: A payment service by Visa that enables fast, secure push payments directly to eligible cards, bank accounts, or wallets.