SShortSingh.
Back to feed

Visa Seeks New Stablecoin Settlement Partner After BVNK Moves to Mastercard

0
·44 views

Visa is searching for a new stablecoin settlement partner following the acquisition of BVNK by rival Mastercard. The payments giant has issued a request for proposal (RFP) to identify a suitable replacement for its stablecoin settlement needs. The RFP indicates that Visa requires a partner capable of supporting multiple stablecoins. The development highlights growing competition between major card networks in the stablecoin payments space.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Brooklyn prosecutors and FBI dismantle crypto fraud ring targeting Russian speakers

Brooklyn prosecutors and the FBI have taken down a large cryptocurrency fraud network that focused on Russian-speaking victims. According to the allegations, the operation drew people in through Russian-language Facebook advertisements and posed as financial advisers. The scheme is said to have stolen tens of millions of dollars from its targets. Victims were then approached a second time with false offers to recover their lost funds.

Visa Seeks New Stablecoin Settlement Partner After BVNK Moves to Mastercard · ShortSingh