Browsing: Visa

Andreessen Horowitz leads a $12.9 million funding round for ZAR, a fintech startup using stablecoins to enhance financial inclusion for Pakistan’s unbanked through local shops and kiosks, amid regulatory advancements and high crypto adoption rates.

RedotPay’s achievement of unicorn status with a $47 million funding round, backed by investors like Coinbase Ventures, highlights the growing confidence in stablecoin-powered payment solutions and their potential to enhance global financial inclusion.

Wyoming launches the Visa-supported FRNT stablecoin on seven blockchains, enhancing government efficiency and setting a precedent for state-led digital currency innovation amid regulatory challenges.

Reddit is evaluating Worldcoin’s iris-scanning orbs for user verification, sparking debates on privacy and anonymity in the digital space.

Elon Musk’s X is set to integrate financial services by 2025, enabling payments and investments directly within the app, as revealed by CEO Linda Yaccarino.

Visa and Yellow Card join forces to promote digital dollar usage in Africa, leveraging stablecoins for more efficient cross-border payments.