September 30, 2025 4:38 PM
Visa bets on stablecoins to speed up cross-border payments
Visa said on Tuesday it will start testing a new way for businesses to fund international payments by allowing them to use stablecoins instead of pre-depositing cash in local accounts. The move signals growing acceptance of these digital tokens among major businesses, who have been emboldened by the United States passing the Genius Act, a law that set clear rules for stablecoin issuers. "The Genius Act changed everything. It made everything so much more legitimate. Before that regulatory clari...