Well now, it seems Visa â that old money mogul â has decided to open a few more doors on its settlement platform, adding in some shiny new blockchain friends and a handful of stablecoins just to keep things interesting. All this, while folks are still trying to figure out whether crypto is a blessing or a curse, or maybe just a fancy way to lose your shirt, đ¤ˇââď¸.
Our good friends at Visa have now thrown open the gates for four blockchains: Ethereum, Solana, Stellar, and Avalanche. Thatâs right, *four* different places for your digital coins to dance around like a barnyard full of chickens who think theyâre royalty. And if that ain’t enough to make your head spin, theyâve also introduced three brand new stablecoins: PayPal USD (PYUSD), the Global Dollar (USDG), and the euro-backed EURCâbecause who doesnât love money backed by something as elusive as a unicorn?
Picture this: Visa, the old giant, now trying to be a multi-currency, multi-chain virtuoso, promising to make payments faster, easier, and maybe even funâwell, as fun as dealing with banks can be. They say that when stablecoins are trustworthy, scalable, and all the things that good fairy tales are made of, they can change the way the whole world moves its money around, or so they claim. Fancy talk for âweâre trying to keep up, folks.â
The timingâs just right. Just a few weeks ago, Paxos launched USDG in Europe under their shiny new MiCA rulesâbecause nothing says confidence like a government-approved digital dollar, right? Now, Visaâs supporting that and the euro-backed EURC, making sure both sides of the Atlantic can trade in digital dollars or euros without needing a magic spell.
And the big boss at Visa, Rubail Birwadker, chimes in telling us theyâre laying down a foundation thatâs more multi-colored than a toddlerâs crayon box. âStablecoins, when trusted and interoperable,â he says, âcan truly change how money moves around the world.â Or so they hope while we all keep watching, popcorn in hand, waiting for the next act of the great digital dollar circus.
In the meantime, Visa has been tinkering for a whileâback in 2020, they tried using USD Coin (USDC) for settlement, and now in 2024, theyâve rolled out a whole platform for banks and institutions to create their own tokens. The worldâs just getting richer, or maybe just more complicated. Who knows? đż
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2025-08-01 16:36