Visa’s New Stablecoins & Blockchains: The Financial Universe Gets Ever More Confusing
According to a press release that no one actually read but everyone nodded at, Visa is doubling down on its crusade to make transacting in digital currencies as easy as flipping through channels at 3 a.m. on a summer night. They’re welcoming the partnership with Paxos to support USDG and PYUSD, stablecoins backed by the mighty dollar itself—because nothing says “trust” quite like a coin that’s backed by a paper currency and a lot of hope.