Visa dey expand stablecoin settlement wit USDG, PYUSD & EURC
Visa don expand dem stablecoin settlement platform by add Global Dollar (USDG), PayPal USD (PYUSD) and Euro Coin (EURC) inside am. The update come with Stellar and Avalanche support join the USDC rails wey dey for Ethereum and Solana. People fit send, receive and convert stablecoin payments to fiat across these networks now. The plus stablecoin settlement service come as US stablecoin regulations don clear and institutional demand dey grow. The total stablecoin market capitalization don pass $256 billion. Competitors like Mastercard, Walmart and Amazon dey launch tokenized payment solutions, while banks like JPMorgan and Bank of America dey test stablecoin rails to make settlement fast, near instant. By making im offering bigger, Visa dey strong im digital asset strategy, boost blockchain payments and make im position for crypto settlement market strong.
Neutral
Visa join USDG, PYUSD and EURC for Stellar and Avalanche dey boost how people dey use stablecoins plus the mata wey dem dey use build am, but e no go change their peg to fiat money. For short time, trade volume for the new networks fit go up, weh go make money dey flow well. As time go, better way dem take settle transactions fit make big institutions use am well and make on-chain activities strong, e go balance market steady instead of just people dey play price like game.