#Visa’s stablecoin cross-border payments go commercial
Seeing this message $V , my first thought was: it was posted 7 hours ago, the stock is up only 0.3%, and trading volume is $400,000. The market has barely paid it any attention.
Visa is taking stablecoin cross-border payments from pilot to commercial rollout. It sounds significant, but this kind of launch feels more like a partner’s PR announcement. The real change depends on whether settlement volumes pick up. So far, there’s no sign of serious money moving in ahead of time.
My view is that this news isn’t a short-term catalyst. I’ll change my mind if cross-border settlement transactions start being reported separately. If it can’t hold around 390, then my read was wrong.
Seeing this message $V , my first thought was: it was posted 7 hours ago, the stock is up only 0.3%, and trading volume is $400,000. The market has barely paid it any attention.
Visa is taking stablecoin cross-border payments from pilot to commercial rollout. It sounds significant, but this kind of launch feels more like a partner’s PR announcement. The real change depends on whether settlement volumes pick up. So far, there’s no sign of serious money moving in ahead of time.
My view is that this news isn’t a short-term catalyst. I’ll change my mind if cross-border settlement transactions start being reported separately. If it can’t hold around 390, then my read was wrong.