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VISA PARTNERS WITH WEFI TO ENABLE DIRECT STABLECOIN PAYMENTS 💳🌐🚀
Strategic Collaboration: Visa has teamed up with WeFi - an "on-chain banking" firm founded by former Tether CEO Reeve Collins - to advance on-chain payments.
Spend from Self-Custody: Users can now spend digital assets directly across Visa's global network from self-custody wallets, bypassing the need for centralized exchanges (CEX).
Seamless Infrastructure: Stablecoins are embedded into the underlying tech, with backend settlement happening automatically to mirror a traditional payment experience.
Global Rollout: The partnership will first launch in Europe, Asia, and Latin America, with further expansion pending regulatory approvals.
The dream of buying coffee with crypto without paying "exit fees" to CEXs is finally getting real.
Visa is basically turning your private wallet into a high-tech black card, while centralized exchanges might want to start checking their thermostats because things are getting chilly! 💸🔥🏛️
$BTC $ETH $XRP
#DailyOrbit
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