Visa Expands Stablecoin Reach as StraitsX GTV Tops $6B
Visa expands its stablecoin reach as StraitsX card gross transaction volume surpasses $6 billion.
Payment giant Visa is expanding its stablecoin reach as transaction volumes on the StraitsX card surpass $6 billion, according to Asian Banking & Finance. The milestone highlights growing adoption and gross transaction volume (GTV) within regional stablecoin-powered payment rails.
Expansion Details
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The development marks an ongoing integration of digital assets into traditional payment infrastructure, with Visa broadening its operational scope to accommodate stablecoin transactions through partners like StraitsX.
Key facts
- Visa is expanding its stablecoin reach.
- StraitsX card gross transaction volume topped $6 billion.
- Reporting is provided by Asian Banking & Finance.
Source: news.google.com
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