Visa unveils stablecoin-focused advisory group to guide banks and fintechs on digital assets
PositiveCryptocurrency

- Visa has launched a stablecoin-focused advisory group aimed at guiding banks and fintechs in navigating the complexities of digital assets. This initiative is expected to accelerate the adoption of stablecoins, enhancing transaction efficiency and fostering innovation in financial services.
- The establishment of this advisory group signifies Visa's commitment to playing a pivotal role in the evolving landscape of digital currencies. By providing expertise and guidance, Visa aims to help financial institutions adapt to the growing importance of stablecoins in the market.
- This development reflects a broader trend where financial institutions are increasingly recognizing the potential of stablecoins to enhance their services. As banks and fintechs explore innovative solutions, the collaboration between traditional finance and digital assets is expected to reshape the financial ecosystem, promoting efficiency and reducing reliance on conventional banking systems.
— via World Pulse Now AI Editorial System

