Visa Launches Stablecoin Advisory Practice for Banks

On the 15th, payment giant Visa announced the launch of its 'Stablecoin Advisory Practice' aimed at assisting banks and businesses in crafting their stablecoin strategies. The company will provide organizations considering the integration of stablecoins into their products and operations with training, market analysis, strategic planning, and practical recommendations for implementation, as well as technical support. Visa highlighted that the total market capitalization of stablecoins has exceeded $250 billion (approximately 39 trillion yen), noting the growing adoption and enhanced stability of stablecoins, alongside the emergence of new regulatory standards, as the backdrop for offering these services.