Stripe's Bridge Partners with Visa to Enable Stablecoin-Backed Cards
The blockbuster partnership could allow you to spend stablecoin balances with your credit card.
Visa and Bridge are partnering to enable stablecoin-backed Visa cards in Latin America, offering seamless fiat conversions and crypto payments.
What’s the Scoop?
- Stablecoin Backed Cards: Visa is partnering with Bridge to introduce stablecoin-backed Visa cards, allowing purchases with stablecoin balances at merchants accepting Visa.
- Regional Availability: The product will roll out in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile, with plans to pay merchants in local currencies.
- Developer-Friendly: Developers can leverage Bridge's infrastructure to enable seamless fiat conversions from stablecoins.
Bankless
It’s time to break up with your bank, and join the movement for a better world.
