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Visa, WeFi team up to explore stablecoin payments and on-chain banking in select markets

Crypto Briefing
Visa and WeFi are partnering to test stablecoin payments and on-chain banking services in Europe, Asia, and Latin America.

Summary

Visa has announced a partnership with WeFi, a deobanking infrastructure provider, to explore the integration of stablecoin-based payments and on-chain banking within traditional payment ecosystems. The collaboration aims to test how these digital assets can operate under established regulatory frameworks in select markets across Europe, Asia, and Latin America.

The initiative focuses on utilizing regulated stablecoins for everyday consumer spending and providing businesses with faster, more predictable cross-border settlements. By connecting blockchain-based assets to Visa's trusted global network, the partnership seeks to make digital asset models practical and scalable for mainstream use.

WeFi's platform provides a hybrid structure that bridges decentralized finance (DeFi) with traditional finance, separating asset control from payment execution to balance user autonomy with regulatory compliance. The companies may expand to other digital assets and regions following regulatory approvals.

(Source:Crypto Briefing)