Visa扩展稳定币结算能力

Core Insights - Visa is expanding its stablecoin settlement capabilities by integrating digital assets and blockchain technology, enhancing its role in the global payment system [1] Group 1: Expansion of Stablecoin Offerings - Visa has partnered with fintech company Paxos to launch two new USD-backed stablecoins: Global Dollar (USDG) and PayPal Dollar (PYUSD), both pegged 1:1 to the US dollar, aimed at providing efficient and secure solutions for cross-border payments [2] - The introduction of stablecoins addresses traditional cross-border payment issues such as slow speed, high costs, and complex procedures, enabling real-time settlement and lower transaction fees through blockchain technology [2] Group 2: Blockchain Compatibility Enhancements - To improve system compatibility, Visa has added support for Stellar and Avalanche blockchains, in addition to existing support for Ethereum and Solana, enhancing the flexibility and scalability of its network [3] - Stellar focuses on cross-border payments, offering low-cost and fast transaction methods, while Avalanche provides high transaction throughput and low latency, making it suitable for financial applications [3] Group 3: Global Strategic Initiatives - Visa's expansion includes not only USD-backed stablecoins but also Euro-backed stablecoins, collaborating with Circle to integrate the Euro stablecoin (EURC) into its settlement platform, providing users with more options and lower transaction costs for cross-border payments [4] - Visa is developing a multi-currency and multi-chain infrastructure to meet global partner needs, emphasizing the importance of trust, scalability, and interoperability for stablecoins to transform global currency circulation [4] - The company is also expanding its stablecoin-linked card offerings, which combine stablecoins with traditional card functionalities for global consumption and payments, aiming to provide users with convenient payment options across multiple blockchain wallets [4] Group 4: Industry Perspective - The transition of payment intermediaries like Visa from traditional payment systems to stablecoin operations is seen as a natural evolution, driven by the inherent advantages of stablecoins such as speed and low costs [5] - However, the transition poses challenges for large payment intermediaries, requiring a balance between traditional and stablecoin operations, along with addressing technical challenges and identifying new use cases [5]