The Bank for International Settlements says stablecoins are pushing regulators to rethink payments policy as demand grows for faster cross-border transfers and programmable digital money.
Visa is widening its stablecoin settlement experiments, using USDC to support cross-border payment flows and tokenized dollar pre-funding for financial institutions.
A shift toward stablecoin settlement rails for high-frequency micropayments could strengthen payment infrastructure providers, with PayPal well placed to benefit from faster, lower-cost merchant and consumer flows.
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