Visa<\/strong>, the global electronic transaction giant, has just launched a revolutionary project<\/strong> using stablecoins<\/strong> to accelerate cross-border payments. This initiative aims to reduce costs and delays<\/strong> associated with international transactions<\/strong>, offering a faster and more flexible<\/strong> alternative to traditional methods.<\/p>\n\n\n\n The core of the project relies on using stablecoins like Circle’s USDC and EURC. These digital tokens, backed by stable fiat currencies, now allow businesses to make international payments without having to hold dollar or euro reserves in advance. Recipients will receive their funds directly in their local currency, facilitating real-time transactions<\/strong>.<\/p>\n\n\n\n This breakthrough comes shortly after the adoption of the “US Genius Act,” the first U.S. federal law clearly defining the regulatory framework for stablecoins<\/strong>. According to Mark Nelsen, Head of Product Development at Visa, this regulation has helped strengthen institutional confidence<\/strong> in using these digital assets.<\/p>\n\n\n\n