Visa and GATE Partner to Integrate Digital Assets into Payments
What happened
Visa partnered with GATE to integrate digital asset capabilities into everyday payment infrastructure. This connection allows users to utilize digital assets across a wider range of commercial scenarios. Currently, over 160 stablecoin-linked Visa card programs are active globally, and payment volume for these programs has increased nearly 200% year-over-year.
From cointelegraph.com
Why it matters
The partnership leverages Visa's extensive global acceptance network, which spans over 175 million merchant locations across more than 200 countries. By connecting Gate's digital asset capabilities to Visa's infrastructure, the collaboration expands the application of digital assets in commercial payments.
From cointelegraph.com
Who's involved
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The entities involved
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Visa Inc.
American multinational financial services corporation
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GATE
Slovak company
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Related events
- Visa Inc. operates in the US and internationally, providing investment and commercial banking services.
- Visa Inc. announced several new partnerships, including with Solana and Circle, and Kraken launched a debit card on its network.
- Apple Pay launch is noted to be competing with the established Visa network.