Visa is exploring the potential of using stablecoins for payment settlements. This move could position Visa as a key player in the stablecoin market. Stablecoins are digital assets pegged to a stable asset, like the US dollar, to minimize price volatility. Visa’s involvement could further legitimize stablecoins in the financial sector.

Read more at Investing.com: Is Visa becoming the stablecoin of stablecoins?