Source: Tech – South China Morning PostVisa is testing a pilot programme that gives financial institutions, banks and remittance providers the option of using pre-funded stablecoins to make cross-border payments faster and more flexible, without users having to tie up cash for extended periods of time.
Visa Direct, the payment network’s real-time platform, will use Circle Internet Group’s USC dollar and EURC euro-backed stablecoins for the pilot.
A representative of Circle did not reply to a request for comment.
The Visa programme…Read More