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2 clusters · 2 sources · 15 days · First seen · Last updated

Visa digital payment and stablecoin expansion

Overview

Visa is expanding its digital payment footprint through various strategic initiatives. In Central America and the Caribbean, the company is implementing its ‘Visa 2030’ framework to transition cash-dominated economies toward digital channels for consumers, merchants, and municipalities. Legal experts have noted that this regional expansion requires increased focus on data privacy, cybersecurity, and anti-money laundering regulations.

Simultaneously, Visa has moved its Visa Direct stablecoin functionality from a pilot phase to commercial operations. Utilizing the USDC stablecoin, the service enables 24/7 cross-border transfers. Inyo Global has become the first partner to deploy this service, using USDC for the near real-time prefunding of cross-border disbursements, signaling a shift toward using stablecoins for corporate liquidity management and transaction settlement.

Entities

Visa · Bufete de Costa Rica · USDC · Larry Hans Arroyo Vargas · Inyo Global

Timeline

  1. [BUSINESS] 2 sources
    Visa expands international payments using USDC stablecoin

    Visa has launched commercial use of the USDC stablecoin via Visa Direct, enabling 24/7 cross-border payments and real-time prefunding for partners like Inyo Global.

  2. [BUSINESS] 4 sources
    Visa expands digital payment footprint in Central America and Caribbean

    Visa is expanding its digital payment infrastructure across Central America and the Caribbean under its 2030 strategy, aiming to reduce cash reliance through localized financial technology solutions.

Sources

bydlet.cz · penize.cz