Source: Coinomedia
Original Title: Visa Unveils Stablecoin Advisory for Banks
Original Link:
Visa, a global leader in payments technology, has taken a major step into the world of digital assets with the launch of a stablecoin advisory service. This new initiative is designed to help banks and financial institutions understand and explore stablecoin use cases, including how these digital assets can be integrated into existing financial systems.
The advisory service will offer strategic guidance on product development, risk management, and regulatory compliance. Visa aims to bridge the gap between traditional finance and blockchain-based payment solutions by educating institutions about the potential of stablecoins to improve settlement efficiency, reduce costs, and enable faster cross-border transactions.
Why This Move Matters
Stablecoins, which are cryptocurrencies pegged to stable assets like the US dollar, have gained increasing popularity due to their potential to offer the speed of crypto with the stability of fiat currencies. However, their adoption by traditional banks has been slow, mainly due to regulatory uncertainty and technical challenges.
With this new offering, Visa’s stablecoin advisory team will assist clients in evaluating the right stablecoin models, selecting blockchain partners, and building custom use cases. The initiative follows Visa’s own hands-on experience in testing and piloting stablecoin transactions, including its work with USDC on the Solana and Ethereum networks.
This move highlights how big players in traditional finance are warming up to blockchain innovations. By launching a consulting arm focused on stablecoins, Visa positions itself not only as a payment processor but as a key enabler of the future digital finance infrastructure.
What’s Next for Visa and Stablecoins?
Visa’s expansion into advisory services signals a broader trend of institutional exploration in the crypto space. As regulators begin to offer more clarity and technical infrastructure matures, more banks are expected to test and adopt stablecoin technologies.
With Visa’s support, these institutions can make more informed, secure, and strategic moves into the world of digital currencies—paving the way for mainstream stablecoin adoption in global banking.
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Visa Unveils Stablecoin Advisory for Banks
Source: Coinomedia Original Title: Visa Unveils Stablecoin Advisory for Banks Original Link: Visa, a global leader in payments technology, has taken a major step into the world of digital assets with the launch of a stablecoin advisory service. This new initiative is designed to help banks and financial institutions understand and explore stablecoin use cases, including how these digital assets can be integrated into existing financial systems.
The advisory service will offer strategic guidance on product development, risk management, and regulatory compliance. Visa aims to bridge the gap between traditional finance and blockchain-based payment solutions by educating institutions about the potential of stablecoins to improve settlement efficiency, reduce costs, and enable faster cross-border transactions.
Why This Move Matters
Stablecoins, which are cryptocurrencies pegged to stable assets like the US dollar, have gained increasing popularity due to their potential to offer the speed of crypto with the stability of fiat currencies. However, their adoption by traditional banks has been slow, mainly due to regulatory uncertainty and technical challenges.
With this new offering, Visa’s stablecoin advisory team will assist clients in evaluating the right stablecoin models, selecting blockchain partners, and building custom use cases. The initiative follows Visa’s own hands-on experience in testing and piloting stablecoin transactions, including its work with USDC on the Solana and Ethereum networks.
This move highlights how big players in traditional finance are warming up to blockchain innovations. By launching a consulting arm focused on stablecoins, Visa positions itself not only as a payment processor but as a key enabler of the future digital finance infrastructure.
What’s Next for Visa and Stablecoins?
Visa’s expansion into advisory services signals a broader trend of institutional exploration in the crypto space. As regulators begin to offer more clarity and technical infrastructure matures, more banks are expected to test and adopt stablecoin technologies.
With Visa’s support, these institutions can make more informed, secure, and strategic moves into the world of digital currencies—paving the way for mainstream stablecoin adoption in global banking.