Visa launches stablecoin payments in Latin America in major advance for crypto

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Visa launches stablecoin payments in Latin America in major advance for crypto

^{Published on 2025-04-30 15:06:33 - Fortune}

The service will rely on Bridge's stablecoin tools and will roll out in places like Ecuador, Peru and Colombia.

Visa has launched a stablecoin payment program in Latin America, marking a significant advancement for cryptocurrency adoption in the region. The initiative, starting in countries like Argentina, Brazil, and Mexico, allows businesses to accept payments in USDC, a stablecoin pegged to the US dollar, through Visa's network. This move is aimed at enhancing the efficiency and reducing the cost of cross-border transactions, leveraging the blockchain technology's speed and transparency. The program is facilitated through partnerships with local fintech companies and cryptocurrency platforms, positioning Visa at the forefront of integrating traditional financial systems with the burgeoning crypto economy.

Read the Full Fortune Article at:
[ https://fortune.com/crypto/2025/04/30/visa-launches-stablecoin-payments-in-latin-america-in-major-advance-for-crypto/ ]

N@N

Visa launches stablecoin payments in Latin America in major advance for crypto