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Visa partners with AquaNow to promote stablecoin Settlement, traditional payment giants accelerate their layout in the encryption track.
[Bitu] Traditional payment giant Visa has recently made significant moves. They have partnered with AquaNow to use stablecoins to accelerate cross-border Settlement. This is not just a proof of concept, but a tangible business that is set to be implemented.
The advantages of stablecoin Settlement are obvious - operating 24/7, funds can arrive in just a few minutes, unlike traditional bank transfers which can take several days. For merchants, the efficiency of capital turnover is directly elevated to a new level. Visa's entry this time is, to some extent, endorsing the entire industry, indicating that stablecoin payments have moved from the periphery to the mainstream.