This Week In Digital Payment - Visa Teams Up With Aquanow For Stablecoin Settlement

Simply Wall St

Visa has announced a partnership with Aquanow to enhance its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East, and Africa regions. This collaboration aims to integrate Aquanow’s digital asset infrastructure with Visa's technology, enabling financial institutions to settle transactions using stablecoins like USDC. The partnership is set to reduce costs and settlement times, addressing the growing demand for faster, cost-effective cross-border transactions. By leveraging stablecoins, Visa is modernizing the backend of money movement, reducing reliance on traditional financial systems, and aligning with the future of digital payments.

Visa's strategic expansion into emerging markets and cross-border solutions offers a compelling growth opportunity alongside increasing digital payment trends. Click here to explore Visa's growth narrative and potential investment impact.

Elsewhere in the market, Abu Dhabi Commercial Bank PJSC (ADX:ADCB) was a standout up 4.8% and finishing the session at AED14.10.

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