Visa has recently expanded its stablecoin offerings, integrating support for Global Dollar, PayPal USD (PYUSD), Euro Coin, and adding Stellar and Avalanche blockchain networks. This allows users to send and receive payments and convert stablecoins to fiat currencies.
The total stablecoin market cap exceeds 256 billion USD as institutions like Mastercard, Walmart, and Amazon explore blockchain technology and stablecoin services, intensifying competition that Visa now faces.
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