Visa is partnering with Stripe’s Web3 subsidiary, Bridge, to offer stablecoin-linked Visa cards to app developers’ customers. This collaboration allows developers using Bridge’s platform to easily integrate stablecoin functionality into their applications. Users can then utilize Visa cards tied to their stablecoin holdings for transactions in various countries.
Bridge, acquired by Stripe earlier this year for $1 billion, is a payments company focused on providing developers with the tools to manage various currencies efficiently. This partnership with Visa aims to bridge the gap between traditional finance and the burgeoning world of digital assets, potentially increasing the adoption and utility of stablecoins by providing seamless integration with the Visa network. This move signals Visa’s growing interest in leveraging blockchain technology and stablecoins within its payment ecosystem.
