
TechCabal
June 20, 2025 at 04:24 PM
👨🏿🚀TC Daily — Visa and Yellow Card want businesses in emerging markets to use stablecoins
Visa has partnered with Yellow Card, a crypto company, to bring stablecoin payments to emerging markets. Both companies are testing a new integration on Visa Direct that will allow businesses and individuals to send and receive stablecoins. Stablecoins are digital versions of fiat money that makes it cheaper for businesses in cash-strapped markets to move money without waiting on slow, expensive bank rails.
Countries like Japan, the UK, and Brazil are laying down legal frameworks for stablecoins. With more corridors easing up on stablecoins, the legal clarity is giving traditional finance players room to move. What used to feel like crypto’s wild west now has rules, and with the nimbleness of stablecoins, businesses can expand their services faster.
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