Visa launches ‘stablecoins advisory practice’ to help banks and businesses build strategies

Payments giant Visa has introduced a "stablecoins advisory practice" under Visa Consulting & Analytics to assist banks, fintechs, merchants, and enterprises in developing and implementing stablecoin strategies. This new service offers training, market analysis, strategy development, and technical support as the stablecoin market capitalization exceeds $300 billion. Visa's global head of Visa Consulting & Analytics, Carl Rutstein, emphasized the critical need for a comprehensive stablecoins strategy in the evolving digital landscape. Early clients include Navy Federal Credit Union, Pathward, and VyStar Credit Union. This initiative builds upon Visa's existing stablecoin efforts, such as piloting USDC settlements and supporting over 130 stablecoin-linked card programs, as regulatory clarity and market projections suggest significant future growth for stablecoins.

(Source：The Block)