FintechGlobal

Visa and Bridge Launch Stablecoin-Linked Cards to Expand Global Digital Payments

0
Visa and Bridge Launch Stablecoin-Linked Cards to Expand Global Digital Payments

In a move that underscores the growing intersection of traditional finance and digital assets, global payments leader Visa has partnered with Bridge, a stablecoin orchestration platform recently acquired by Stripe, to introduce a card-issuing product that allows users to spend stablecoins at any merchant that accepts Visa.

This collaboration will enable fintech developers using the Bridge platform to issue stablecoin-linked Visa cards to their users, creating a seamless connection between digital assets and everyday transactions. The product is now available across six Latin American countries—Argentina, Colombia, Ecuador, Mexico, Peru, and Chile—with plans to expand into Europe, Africa, and Asia in the near future.

According to Visa’s Chief Product and Strategy Officer, Jack Forestell, the initiative is part of a broader strategy to integrate stablecoins into Visa’s compliance management and payments infrastructure in a secure, scalable manner. “This partnership with Bridge is a critical step toward making stablecoins usable in everyday life,” he said. “We are giving consumers more choice and control in how they manage and spend their money.”

From a regulatory compliance perspective, the launch signals a pivotal shift in how global payment networks are approaching digital currencies, especially in regions with limited access to traditional banking. By embedding compliance software and risk assessment tools into the infrastructure, the collaboration ensures secure Know Your Customer (KYC) and anti-money laundering (AML) safeguards are maintained across all transactions.

Bridge CEO and Co-Founder Zach Abrams highlighted the importance of this launch for the developer community, calling it “a massive unlock” that allows fintech builders to offer scalable and compliant digital payments solutions. “Anyone can now tap and spend stablecoins as easily as using a traditional debit card,” he said.

The launch comes just months after Stripe completed its acquisition of Bridge, a move aimed at establishing a best-in-class infrastructure for Regulatory technology solutions and stablecoin integration. Stripe CEO Patrick Collison emphasized the potential of the acquisition to support developers and expand access to digital financial tools globally.

Visa’s continued investments in regulatory reporting, interoperability, and programmable payments are evidenced by its achievement of over $200 million in cumulative stablecoin settlement volume, including the first seven-day-a-week settlement system for digital currencies.

Meanwhile, Mastercard is also intensifying efforts in the space, announcing partnerships with OKX and Nuvei to enhance financial compliance and power stablecoin transactions for consumers and merchants.

As global regulatory frameworks evolve, this partnership between Visa and Bridge sets a new benchmark in compliance automation, regulatory innovation, and financial crime prevention, demonstrating how stablecoins can be integrated responsibly into mainstream commerce.

Nigeria Endorses BRICS Agenda on Global Security, AI Governance, and Multilateral Reforms

Previous article

Google Wallet Introduces Digital ID Passes in the UK, Expands Global Reach

Next article

Comments

Comments are closed.