Visa partners with former Tether CEO's WeFi to promote on-chain payments, allowing stablecoins to be used directly for Visa network transactions
According to The Block, Visa has partnered with WeFi, a "on-chain bank" company founded by former Tether CEO Reeve Collins, allowing users to hold digital assets through self-custody wallets while directly spending within the global Visa acceptance network, without the need to custody assets in centralized exchanges.
Maksym Sakharov, co-founder and CEO of WeFi, stated that stablecoins are directly embedded in the underlying infrastructure, with settlements automatically completed in the background, providing a user experience similar to regular payments. This collaboration will initially roll out in certain markets in Europe, Asia, and Latin America, with further expansion depending on regulatory approval progress.
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Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down
Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.




