Visa and Bridge Expand Stablecoin-Linked Card Issuance Globally
- Bridge-enabled stablecoin-linked cards are now operational in 18 countries.
- The expansion includes plans to reach over 100 countries by year-end across various regions.
- The initiative utilizes crypto platforms like Phantom and MetaMask.
- Visa’s head of crypto, Cuy Sheffield, emphasized the importance of stablecoins in enhancing settlement processes.
- Lead Bank is collaborating with Bridge’s infrastructure as part of Visa’s stablecoin settlement pilot.
This expansion aims to integrate the speed and transparency of stablecoins into everyday purchases, providing businesses with greater flexibility in their payment solutions.
With operations now in 18 countries, the goal is to expand to over 100 countries, showcasing Visa’s commitment to connecting stablecoins with the global payments ecosystem. (Source)
