BlockBeats News, June 19th, according to CoinDesk, payment card giant Visa has expanded its stablecoin business to the Central and Eastern Europe, Middle East, and Africa regions and has established a strategic partnership with the African cryptocurrency exchange platform Yellow Card.
Visa is evidently increasing its investment in stablecoins, as these assets are rapidly becoming the new infrastructure for internet payments. Just last month, Visa also invested in the stablecoin-based payment company BNK.