Visa is one of the largest payment companies in the world and indeed plans to bring stablecoin payments into the Web3 mainstream. The company revealed that it is researching how to use stablecoins to process transactions, as well as exploring how blockchain technology can be used to improve the security and efficiency of transactions.
Stablecoins
Stablecoins are cryptocurrencies whose value is tied to the value of other assets such as the US dollar, gold or oil. They are designed to be stable in value, meaning they can be used to make payments without the risk of losing value due to large price fluctuations.
Introducing stablecoin payments to the Web3 mainstream can help the ecosystem grow blockchain firstcryptocurrencies. It can also make transactions easier for users by providing faster and cheaper payment solutions.
However, it should be remembered that the cryptocurrency market is still relatively young and unpredictable, and the introduction of stablecoin payments may involve some risks and challenges. Therefore, it is important to thoroughly research the market and consult with experts before deciding to use these solutions.