Global payments firms are deepening their push into stablecoin-based settlement. Visa (NYSE: V) announced on March 3 that it has expanded collaboration with Bridge to scale stablecoin-linked card programs and onchain settlement capabilities with planned expansion across more than 100 countries.
“Bridge-enabled stablecoin-linked cards are now live in 18 countries, with planned expansion to over 100 countries across Europe, Asia Pacific, Africa and the Middle East by end of year.”
FAQ 🧭 What does Visa’s expansion with Bridge mean for stablecoins? It broadens stablecoin-linked card usage and enables onchain settlement with planned expansion to more than 100 countries. How are stablecoin transactions settling under the pilot? Transactions made with eligible Visa cards can settle onchain through partnerships, including Lead Bank. Why is Visa focusing on onchain settlement? Onchain reconciliation may improve speed, transparency and operational efficiency for global payments. How could this impact institutional crypto adoption? Expanded card programs and settlement pilots signal deeper institutional integration of stablecoins into mainstream finance.
