BlockBeats News, June 19th, according to CoinDesk, payment card giant Visa has expanded its stablecoin business to the Central and Eastern Europe, Middle East, and Africa regions and has established a strategic partnership with the African cryptocurrency exchange platform Yellow Card.
Visa is evidently increasing its investment in stablecoins, as these assets are rapidly becoming the new infrastructure for internet payments. Just last month, Visa also invested in the stablecoin-based payment company BNK.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.