Visa Expands Stablecoin Settlement for CEMEA Financial Institutions

Visa and Aquanow have joined forces to revolutionize stablecoin settlement in the Central and Eastern Europe, Middle East, and Africa (CEMEA) region. This strategic collaboration aims to streamline transactions for financial institutions and make settling payments faster and more efficient. By leveraging USDC as a stablecoin and Visa’s robust network, financial institutions can now settle transactions 365 days a year without facing weekend or holiday-related delays, a significant improvement over traditional banking methods.