stablecoinexpansion
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Visa expands stablecoin settlements across Europe, the Middle East, and Africa.
Global payment giant Visa has announced a significant expansion of stablecoin settlement capabilities in the regions of Central and Eastern Europe, the Middle East, and Africa (CEMEA). Through a strategic partnership with the digital platform Aquanow, Visa has integrated stablecoins like USDC into its network for instant transactions available 365 days a year. This allows issuers and recipients to carry out B2B settlements without traditional banking delays, reducing costs and complexity.
Binance's recent listing of StraitsX USD (XUSD), a stablecoin pegged to the US dollar, has introduced new trading opportunities within the cryptocurrency market. The XUSD/USDT trading pair became available on March 19, 2025, accompanied by a zero-fee promotion to encourage user participation.
Stablecoins like XUSD provide a stable medium of exchange, reducing volatility for traders and investors. The addition of XUSD to Binance's platform expands the options for users seeking stability amidst the often-volatile crypto market.
While the immediate impact on the broader crypto market may be limited, the inclusion of XUSD enhances liquidity and offers more choices for users seeking stable assets. This development reflects Binance's commitment to diversifying its offerings and catering to a wider range of trading preferences.
#StablecoinExpansion $XUSD
Stablecoins like XUSD provide a stable medium of exchange, reducing volatility for traders and investors. The addition of XUSD to Binance's platform expands the options for users seeking stability amidst the often-volatile crypto market.
While the immediate impact on the broader crypto market may be limited, the inclusion of XUSD enhances liquidity and offers more choices for users seeking stable assets. This development reflects Binance's commitment to diversifying its offerings and catering to a wider range of trading preferences.
#StablecoinExpansion $XUSD
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