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Visa: All Financial Institutions Must Develop Stablecoin Strategies in 2023

Published by news.bitcoin.com on 7 hours ago

Visa: All Financial Institutions Must Develop Stablecoin Strategies in 2023

Visa's recent move to expand stablecoin settlement represents a significant advancement in facilitating seamless, round-the-clock international payments. This initiative aims to reduce transaction costs and enhance global liquidity.

As stablecoin adoption becomes increasingly prevalent, the financial sector is poised for transformative changes by 2025. On June 18, Visa (NYSE: V) underscored the urgent need for integrating stablecoins into financial transactions worldwide.

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