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Visa and WeFi are collaborating on an initiative focused on exploring on-chain banking and stablecoin-based payment use cases in selected markets.
Visa and WeFi are collaborating to explore on-chain banking and stablecoin payment use cases.
KEY POINTS
- WeFi offers a 'deobanking' model balancing user custody choice with regulated payment rails access.
- Initial rollout targets Europe, Asia, and Latin America, with further expansion pending regulatory approval.
- The partnership will launch using regulated stablecoins for everyday payments, considering other assets later.
- WeFi's approach separates asset control from payment execution, differing from fully custodial crypto cards.
COMPANIES
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