Visa Establishes Six Global Capability Centers in Singapore, Focusing on AI and Stablecoins

Odaily reports: Visa announced on November 5 that it has established six global capability centers at its new solutions center in Paya Lebar Green, Singapore, bringing together more than 1,500 professionals and focusing on applied AI and agentic commerce, digital currencies, stablecoins, programmable payments, wallets, alternative payment methods, cybersecurity, and quantum computing. Visa also plans to expand research, engineering, and innovation roles, with partners including DBS Bank, Nium, and StraitsX. The Singapore Economic Development Board stated that Visa's investment will create high-value job opportunities locally. Visa has already launched USDC settlement in the United States and said stablecoins can support faster cross-border payments and programmable money.