巴克莱将Visa的目标价从396美元上调至408美元，维持"增持"评级。(格隆汇) ...

Group 1 - The meeting took place on August 4, where Li Chenggang, the international trade negotiation representative and vice minister, met with Visa's global president, Al Kelly [1] - The discussion likely focused on trade relations and potential collaboration between China and Visa [1] - This meeting signifies ongoing efforts to strengthen international trade partnerships and enhance financial services [1]

Group 1 - The Ministry of Commerce announced a meeting on August 4 between Li Chenggang, the international trade negotiation representative and vice minister, and Al Kelly, the global president of Visa [1] - The meeting indicates ongoing discussions between the Chinese government and Visa regarding international trade and financial services [1]

Core Viewpoint - The recent removal of adult games from Steam has broader implications for the gaming industry, highlighting the influence of payment processors on content availability and developer survival [1][10][21]. Group 1: Steam's Actions - Steam has historically maintained strict controls over adult content, but the recent mass removal of games was unexpected and extensive [1][2]. - Following the removals, developers began altering game titles to avoid being flagged [2][3]. - On July 16, Steam updated its guidelines to include a new rule that requires compliance with the standards set by payment processors like Visa and Mastercard [10][11]. Group 2: Collective Shout's Influence - The organization Collective Shout claimed responsibility for the pressure on Steam, leveraging its influence to impact payment processors [3][5]. - Collective Shout has a history of successfully advocating against games perceived as promoting violence against women, such as GTA5 [5][21]. - The organization sent over 1,000 emails to credit card companies, arguing that certain games normalize abuse and exploitation, which pressured these companies to act against Steam [7][8]. Group 3: Payment Processors' Role - Payment processors are primarily concerned with risk management and brand protection, leading them to distance themselves from adult content [14][19]. - The lack of clear standards from payment processors means that game removals can appear arbitrary, influenced by public outcry rather than consistent criteria [21][26]. - The situation raises concerns about the power of payment processors to dictate what content is available to consumers, potentially leading to broader censorship [21][26]. Group 4: Community Response - Players have begun to organize against the influence of payment processors, with petitions gathering around 200,000 signatures, significantly outnumbering Collective Shout's support [28][31]. - The International Game Developers Association has called for greater transparency and fairness in content moderation, though its impact remains uncertain [35][37]. - The ongoing situation reflects a growing discontent with the power dynamics between content creators, platforms, and payment processors, suggesting potential future shifts in the industry [37].

Stablecoin Adoption - Visa and Mastercard indicate stablecoin usage is negligible and poses no immediate threat to their market dominance [1] - The current scale of stablecoin usage is significantly lower than Visa's $15 trillion annual transaction volume [1] Market Suitability - Visa and Mastercard suggest stablecoins are better suited for countries with unstable fiat currencies [1]

智通财经APP获悉，加密货币热潮正加剧美国信用卡双头垄断格局的不确定性。Visa(V.US)与万事达卡(MA.US)高管在近期财报电话会议中，首次面对可能 加速稳定币普及的新立法环境，普遍淡化美元挂钩数字货币对自身支付网络的潜在威胁。尽管两家公司凭借稳定的利润表现和强劲的估值水平为市场提供了 一定安慰，但稳定币运营商Circle Internet Group(CRCL.US)市值突破400亿美元的飙升态势，仍揭示着资本市场对支付领域变革的期待分歧——两组投资者难 以同时保持正确判断。 历史经验显示信用卡巨头具备较强韧性。二季度Visa净利润增长8%至53亿美元，万事达卡增长14%至37亿美元，双双超出分析师预期。依托在美国约70%购 物交易的处理份额(尼尔森数据)，其网络普及率与可靠性构筑了抵御Venmo等新兴支付应用的护城河。 尽管稳定币当前交易规模相较信用卡网络(约15万亿美元年处理量)仍显渺小，且主要应用于法定货币波动剧烈的新兴市场，但单笔费用下降趋势已暴露传统 支付体系的脆弱性。沃尔玛等大型商家开始探索代币支付方案，更预示着变革压力的累积。 目前Visa与万事达卡通过咨询等增值服务部分对冲了收入损失， ...

Core Insights - Visa is expanding its settlement platform to support two additional USD stablecoins: Global Dollar (USDG) and PayPal Dollar (PYUSD), as well as two blockchain networks, Stellar and Avalanche, and a Euro-backed stablecoin, EURC [1] Group 1 - Visa's global growth products and strategic partnerships head, Rubail Birwadker, stated that the company is building a multi-currency and multi-chain infrastructure to meet the needs of global partners [1] - The company believes that when stablecoins are trusted, scalable, and interoperable, they can fundamentally change the way currency flows globally [1]

Stablecoin Market - Stablecoins' transaction volume is 2x Visa's volume [1] Payment Technology - Visa adds Stellar and Avalanche to its settlement stack [1]

Visa plans to support more stablecoins and blockchains on its settlement platform. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions . Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. Meanwhile, stablecoins are gaining mainstream acceptance. This week, the White Ho ...

Visa宣布正扩大其结算平台，以支持两种额外的美元稳定币全球美元(USDG)和PayPal美元(PYUSD)、两 个区块链Stellar和Avalanche，以及以欧元为支撑的稳定币EURC。Visa全球增长产品及战略伙伴关系负 责人Rubail Birwadker表示，Visa正在建立一个多币和多链的基础，以帮助满足全球合作伙伴的需求。集 团相信，当稳定币被信任、可扩展且具互操作性时，可以彻底改变货币在全球流动的方式。两个新加入 的区块链加入了Visa已经支持的其他两个链，分别是以太坊和索拉纳，而Circle的EURC的加入将使该公 司的结算能力扩展到超过25种法定货币。（格隆汇） ...