Visa Expands Stablecoin Settlement in CEMEA Region with Aquanow Partnership

Visa collaborates with Aquanow to enhance stablecoin settlement services in Central Eastern Europe, Middle East, and Africa. By integrating Aquanow's digital asset infrastructure with Visa's technology stack, the partnership aims to streamline cross-border transactions using stablecoins like USDC.

This move reduces operational costs, settlement time, and reliance on traditional systems, catering to the growing demand for efficient financial solutions in the region. Godfrey Sullivan and Phil Sham emphasize the benefits of leveraging stablecoin technology for faster and more secure money movement.