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One of the largest credit companies in the world says stablecoins could transform the multi-trillion-dollar global credit market. In a new research report, Visa says dollar-pegged digital assets have evolved from being mere crypto trading tools to foundational lending tools. “Stablecoins have evolved from crypto trading tools to foundational infrastructure powering a new lending space that has grown rapidly in the past year, processing over half a trillion in loans to date… For banks and financial institutions, this represents both an opportunity and an imperative to understand how programmable money is reshaping credit markets.” Visa outlines three major ways stablecoins can transform the wholesale credit market – by allowing tokenized assets to unlock collateral pools, expanding the role of crypto credit programs, and helping assess the creditworthiness of potential clients digitally. Visa says tokenized traditional assets may soon serve as collate...

In what could be a monumental development for the digital asset industry, Visa has officially launched stablecoin payments in Latin America. Indeed, the payment technology company officially announced a partnership with Bridge to help boost the accessibility of the asset class in Mexico, Argentina, and four other countries. Both Visa and the Stripe-owned startup have partnered to develop new stablecoin-linked Visa cards. The new product will allow the asset classes to be used in everyday purchases through the new offering. Therefore, the move should provide a boost to the use and adoption of the digitized US dollar-backed asset. JUST IN: Visa launches crypto stablecoin payments in Latin America. — Watcher.Guru (@WatcherGuru) April 30, 2025 Also Read: Visa Partners with Fold to Introduce Bitcoin-Backed Credit Card Visa & Bridge Announced New Stablecoin-Linked Card Coming to Latin America There is no denying that payment companies like Visa have attempted to stay at the forefront of ...

Visa Explores Account Abstraction On Ethereum For Crypto Payments According to a recently published article “ Rethinking Digital Transactions with Account Abstraction ,” Visa is studying Ethereum account abstraction and proposal ERC-4337 for digital payments. advertisement Visa has deployed two sets of Paymaster contracts on the Ethereum Goerli testnet, showing how to redesign gas fees on the blockchain to improve user convenience. ERC-4337 makes it possible for an owner to directly own smart contract accounts. In fact, Account Abstraction and Ethereum Virtual Machine compatibility offer more advantages for end users. ERC-4337 Transaction Flow. Source: Visa Guy Sheffield , head of crypto at Visa, took to Twitter to share the deployment of the first paymaster smart contract on the Ethereum testnet. Excited to see Visa deploy our first paymaster smart contract on testnet as we continue to research and experiment with account abstraction and ERC-4...