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Visa partners with Aquanow to improve payments with stablecoin
Visa and Aquanow announced a partnership on November 27 to enhance payments with stablecoins, focusing on fast cross-border transactions in the CEMEA region ( Central and Eastern Europe, the Middle East, and Africa ). This collaboration reflects the growing interest of organizations in blockchain, with the expectation of improving transaction efficiency and expanding financial inclusivity, while also impacting Visa's market and Aquanow's digital asset platform.
The integration of Visa's global network with Aquanow's digital infrastructure is expected to reduce transaction costs and increase transparency. Experts are optimistic about the scalability of stablecoins and their potential to drive adoption in institutional environments, particularly in emerging markets. Godfrey Sullivan, Head of CEMEA Products and Solutions at Visa, emphasized that combining reliable technology with stablecoins enables financial institutions to experience faster, simpler, and more efficient payments.
Cooperation goal: achieve 2.5 billion USD in stablecoin payments.