Visa Launches Crypto Stablecoin Payments in Latin America
In what could be a monumental development for the digital asset industry, Visa has officially launched stablecoin payments in Latin America. Indeed, the payment technology company officially announced a partnership with Bridge to help boost the accessibility of the asset class in Mexico, Argentina, and four other countries.
Both Visa and the Stripe-owned startup have partnered to develop new stablecoin-linked Visa cards. The new product will allow the asset classes to be used in everyday purchases through the new offering. Therefore, the move should provide a boost to the use and adoption of the digitized US dollar-backed asset.
JUST IN: Visa launches crypto stablecoin payments in Latin America.
— Watcher.Guru (@WatcherGuru) April 30, 2025
Also Read: Visa Partners with Fold to Introduce Bitcoin-Backed Credit Card
Visa & Bridge Announced New Stablecoin-Linked Card Coming to Latin America
There is no denying that payment companies like Visa have attempted to stay at the forefront of the digital revolution. Earlier this year, the company was in talks with OpenAI founder Sam Altman about launching a crypto stablecoin wallet. Indeed, it builds upon the payment tech firm’s interest in growing the reach of the digital asset.
That continued on Wednesday, as the firm unveiled a groundbreaking new crypto product. Specifically, Visa has launched crypto stablecoin payments in Latin America through a newly issued card coming to the region. Indeed, its presence should provide a jolt in the adoption and utilization of the asset class.
Also Read: X and Visa Partner to Offer Direct Payment Solutions
The card will allow holders to make everyday purchases from a stablecoin balance. Moreover, it will be accepted at any vendor or merchant that accepts Visa payment offerings. “We’re focused on integrating stablecoins into Visa’s existing networks and products in a frictionless and secure way,” chief product and strategy officer Jack Forestell said.
“Partnering with Bridge represents a significant move in helping make stablecoins usable in everyday life, giving consumers more choice in how they manage and spend the money,” he added. The new card will be available for us in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. That is just the start, as they are planning an expansion of their use to Europe, Africa, and Asia in a matter of months.
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Visa Launches Crypto Stablecoin Payments in Latin America
In what could be a monumental development for the digital asset industry, Visa has officially launched stablecoin payments in Latin America. Indeed, the payment technology company officially announced a partnership with Bridge to help boost the accessibility of the asset class in Mexico, Argentina, and four other countries.
Both Visa and the Stripe-owned startup have partnered to develop new stablecoin-linked Visa cards. The new product will allow the asset classes to be used in everyday purchases through the new offering. Therefore, the move should provide a boost to the use and adoption of the digitized US dollar-backed asset.
JUST IN: Visa launches crypto stablecoin payments in Latin America.
— Watcher.Guru (@WatcherGuru) April 30, 2025
Also Read: Visa Partners with Fold to Introduce Bitcoin-Backed Credit Card
Visa & Bridge Announced New Stablecoin-Linked Card Coming to Latin America
There is no denying that payment companies like Visa have attempted to stay at the forefront of the digital revolution. Earlier this year, the company was in talks with OpenAI founder Sam Altman about launching a crypto stablecoin wallet. Indeed, it builds upon the payment tech firm’s interest in growing the reach of the digital asset.
That continued on Wednesday, as the firm unveiled a groundbreaking new crypto product. Specifically, Visa has launched crypto stablecoin payments in Latin America through a newly issued card coming to the region. Indeed, its presence should provide a jolt in the adoption and utilization of the asset class.
Also Read: X and Visa Partner to Offer Direct Payment Solutions
The card will allow holders to make everyday purchases from a stablecoin balance. Moreover, it will be accepted at any vendor or merchant that accepts Visa payment offerings. “We’re focused on integrating stablecoins into Visa’s existing networks and products in a frictionless and secure way,” chief product and strategy officer Jack Forestell said.
“Partnering with Bridge represents a significant move in helping make stablecoins usable in everyday life, giving consumers more choice in how they manage and spend the money,” he added. The new card will be available for us in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. That is just the start, as they are planning an expansion of their use to Europe, Africa, and Asia in a matter of months.
Read More
Dirham Stablecoin Launch by IHC, ADQ & FAB Eases UAE Crypto Risks