Visa announces expansion of its stablecoin business into Central and Eastern Europe, the Middle East and Africa

Odaily News Payment card giant Visa announced that it has expanded its stablecoin business to the Central and Eastern Europe, Middle East and Africa (CEMEA) region and has established a strategic partnership with African cryptocurrency exchange Yellow Card. Godfrey Sullivan, Visa senior vice president and head of CEMEA products and solutions, said in a statement: "By 2025, we believe that every institution that moves money will need a stablecoin strategy." (CoinDesk)