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Visa announces expansion of stablecoin business to Central Europe, Eastern Europe, Middle East, and Africa regions

Summary: Payment card giant Visa has announced the expansion of its stablecoin business to the Central Europe, Eastern Europe, Middle East, and Africa (CEMEA) regions, and has established a strategic partnership with African cryptocurrency exchange Yellow Card. Visa's Senior Vice President and CEMEA Product and Solutions Lead, Godfrey Sullivan, stated in a release, 'By 2025, we ...

Payment card giant Visa has announced the expansion of its stablecoin business to the Central Europe, Eastern Europe, Middle East, and Africa (CEMEA) regions, and has established a strategic partnership with African cryptocurrency exchange Yellow Card. Visa's Senior Vice President and CEMEA Product and Solutions Lead, Godfrey Sullivan, stated in a release, 'By 2025, we believe that every institution transferring funds will need a stablecoin strategy.' (CoinDesk)

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