Visa doubles down on stablecoins in Europe, Middle East, Africa with new partnership
Overview
Visa has announced a new partnership with Aquanow, a crypto infrastructure company, aimed at enhancing stablecoin settlement in the CEMEA region. This collaboration is designed to reduce cross-border costs and streamline transactions.
Partnership Details
Visa’s partnership with Aquanow focuses on the implementation of stablecoin settlement solutions. By leveraging Aquanow’s infrastructure, Visa aims to facilitate more efficient cross-border transactions across Europe, the Middle East, and Africa. This initiative is expected to address challenges related to transaction costs and operational friction typically associated with cross-border payments.
Importance of the Partnership
The collaboration between Visa and Aquanow signifies a strategic move to integrate stablecoin solutions into mainstream financial systems. This approach could potentially revolutionize how cross-border payments are conducted by utilizing digital currencies, thereby enhancing the overall efficiency of financial transactions within the region.
Impact on the crypto market
- The partnership may encourage the adoption of stablecoins in traditional financial services.
- It highlights the growing interest of established financial institutions in integrating cryptocurrency solutions.
- The collaboration could lead to increased competition among payment processors in the crypto space.
- It may influence regulatory discussions surrounding the use of stablecoins in cross-border payments.
- The move reflects a broader trend of financial innovation driven by cryptocurrency infrastructure.
Updated: 11/28/2025, 8:33:08 AM