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Visa has just taken a crucial step in its blockchain integration. The payments giant has formed a technical partnership with BVNK to connect stablecoins to its global infrastructure Visa Direct.
This collaboration marks a turning point: stablecoin-based payments can now pass through one of the largest traditional payment networks. It’s not just a technical integration; it’s a bridge between two worlds.
For the crypto ecosystem, this is a strong signal. Stablecoins are gaining legitimacy among institutional players. And for Visa, it’s a way to stay relevant in a changing financial landscape.
The Direct network, which already processes millions of cross-border transactions, can now include stablecoin transactions. This opens up interesting prospects for international payments and remittance, areas where blockchain promises efficiency gains.