Payment giants and platforms are doubling down on stablecoins.
Here’s what made the headlines this week:
→
@Visa expanded its stablecoin pilot to 9 networks, including
@base,
@0xPolygon,
@CantonNetwork,
@arc and
@tempo, pushing multi-chain settlement
→
@Meta partnered with
@stripe to launch stablecoin payouts for creators, bringing crypto into social platforms
→
@tether led a $14M round in Belo, backing crypto-powered payments in Argentina
→
@WesternUnion plans to launch its
@solana based stablecoin USDPT next month, alongside a broader crypto payment network
→ Shinhan Card, South Korea’s largest card issuer, is enabling stablecoin payments for 28M users via Solana
→ Over $1T in stablecoins has already been transferred in April alone
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