Visa Partners With Aquanow to Expand Stablecoin Settlement Across the CEMEA Region
Visa introduced it’s increasing its stablecoin settlement capabilities throughout Central and Eastern Europe, the Middle East, and Africa (CEMEA) by a brand new partnership with Aquanow, a digital belongings platform.
Why Visa’s Stablecoin Infrastructure
According to Visa the integration of Aquanow’s digital asset infrastructure with Visa’s know-how stack will enable issuers and acquirers throughout the CEMEA area to settle transactions utilizing accredited stablecoins corresponding to USDC. By leveraging blockchain-based settlement, Visa goals to scale back operational prices, simplify workflows, and speed up settlement cycles.
The demand for quicker and extra environment friendly cross-border funds continues to rise amongst monetary establishments. Stablecoins have emerged as a key resolution for addressing ache factors in settlement, together with weekend limitations, middleman charges, and unpredictable clearing instances.
Visa Builds on Strong Momentum Following USDC Pilot
Visa’s engagement with stablecoin know-how shouldn’t be new. In 2023, the firm grew to become one among the first main funds networks to allow shoppers to settle obligations in USDC as a part of a pilot initiative. The program has since scaled considerably, with month-to-month quantity surpassing a $2.5 billion annualized run charge.
“By harnessing the energy of stablecoins and pairing them with our trusted international know-how, we’re enabling monetary establishments in CEMEA to expertise quicker and less complicated settlements,” stated Godfrey Sullivan, Head of Product and Solutions for CEMEA at Visa.
“Our partnership with Aquanow is one other key step in modernizing the back-end rails of funds, lowering reliance on conventional programs with a number of intermediaries, and getting ready establishments for the future of cash motion.”
Aquanow: Bringing Digital Asset Expertise to Visa’s Global Network
Aquanow gives institutional-grade digital asset providers for banks, neobanks, brokerages, and funds corporations, will function a crucial infrastructure companion in the rollout. The firm processes billions of {dollars} in month-to-month crypto brokerage and fee transactions, making it a robust match for Visa’s ambitions.
“Visa’s dependable international community has lengthy moved cash securely and effectively,” stated Aquanow CEO Phil Sham. “Together, Visa and Aquanow are unlocking new methods for establishments to take part in the digital economic system, leveraging stablecoin know-how to settle with the pace and transparency of the web.”
Visa Says Tech Still Needs Regulatory Clarity
In July this 12 months, Visa has surpassed $200 million in cumulative stablecoin settlement quantity whereas increasing its crypto infrastructure by African partnerships and platform improvement.
However, CEO Ryan McInerney warned that the know-how nonetheless requires clearer laws to attain its full potential. The fee big reported sturdy Q2 2025 outcomes with $9.6 billion in internet income, up 9% year-over-year, because it continues constructing stablecoin capabilities, together with its first seven-day-a-week settlement system and the Visa Tokenized Asset Platform for financial institution partnerships.
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