Visa is accelerating its strategy to use digital dollars like USDC to streamline cross-border payments. The company is expanding its stablecoin network into Central and Eastern Europe, the Middle East, and Africa (CEMEA) region with a new partnership leveraging Aquanow for 24/7 settlement. This aims to modernize money movement in regions where traditional banking networks can be slow and costly.
Visa has seen significant adoption of USDC as the foundation for their stablecoin-powered payments. This new expansion builds on earlier experiments, reaching monthly settlement flows exceeding a $2.5 billion annualized rate. Institutional interest is high for quicker, more efficient settlement alternatives.