Blockchain firm OBOOK Holdings partners with Visa to introduce OwlPay Cash remittance app in US
PositiveCryptocurrency

- Blockchain firm OBOOK Holdings has partnered with Visa to launch the OwlPay Cash remittance app in the United States, marking a significant step in integrating blockchain technology with traditional financial systems to improve remittance services. This collaboration aims to enhance the efficiency and accessibility of cross
- This partnership is pivotal for OBOOK Holdings as it aligns the company with Visa, a leader in global payments, potentially increasing its market reach and credibility in the competitive remittance sector. The OwlPay Cash app is expected to leverage Visa's extensive network to facilitate smoother transactions.
- The collaboration reflects a broader trend of financial institutions embracing blockchain technology and stablecoins to streamline payment processes. Visa's recent initiatives in stablecoin settlements across various regions underscore its commitment to innovation in digital finance, which may compel other financial entities to adapt their strategies in response to the evolving landscape of cryptocurrency and remittances.
— via World Pulse Now AI Editorial System

