Visa is teaming up with a Tether co-founder to build onchain banks

Visa is teaming up with a Tether co-founder to build onchain banks

Collins wants to bring robust stablecoin payments infrastructure to under-banked people around the planet.

Visa Partners With WeFi to Deliver Robust Onchain Payments and Banking Access

TL;DR: Visa partnered with WeFi, co-founded by former Tether director Reeve Collins, to build onchain banking and payments infrastructure. The rollout will begin in selected markets across Europe, Asia and Latin America, subject to local regulatory approvals. WeFi acts as an orchestration layer between DeFi and regulated payments infrastructure, focusing primarily on unbanked users. Visa announced a partnership with WeFi, a blockchain-based sta…

Visa Partners With WeFi to Connect Crypto to Payments

Visa has partnered with WeFi, the venture tied to a former Tether CEO, in a move aimed at connecting crypto assets to Visa's payments network.Read more...

WeFi Collaborates with Visa to Explore On‑Chain Payment Use Cases

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Visa And WeFi Launch On-Chain Banking Initiative To Bridge Stablecoin Payments And Traditional Finance

An initiative has been announced involving Visa and WeFi to explore on-chain banking applications and stablecoin-based payment use cases across selected markets. The collaboration is positioned as an extension of Visa’s ongoing work in digital asset payments, with a focus on enabling interactions between on-chain value systems and conventional payment experiences within established regulatory frameworks. As stablecoins and tokenized assets incre…