Overview
- Visa's stablecoin-linked cards are now available in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile, allowing users to pay merchants in local currency through real-time stablecoin conversion.
- The cards, powered by Bridge's stablecoin infrastructure, function like standard Visa cards and can be used at any merchant that accepts Visa.
- Developers using Bridge's platform can issue these cards without needing to build local financial infrastructure, simplifying cross-border payment solutions.
- Visa plans to expand the service to Europe, Africa, and Asia in the coming months, aiming to scale its stablecoin capabilities globally.
- Stablecoins, pegged to fiat currencies, are increasingly popular in regions with volatile local currencies, offering faster, more stable cross-border transactions.