Visa Pilots Stablecoin Payments as XRP ETFs Gear Up for Launch

Visa Pilots Stablecoin Payments as XRP ETFs Gear Up for Launch

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Visa is venturing into the crypto space by piloting a new system for businesses to send payments directly to freelancers and gig workers using stablecoin wallets. This initiative aims to reduce payment delays and offer an alternative to traditional banking methods.

Meanwhile, the market is buzzing with news of an impending XRP Exchange-Traded Fund (ETF) launch. An expert has reportedly released a detailed calendar outlining launch dates and fees for various XRP funds, with the first '33 Act XRP ETF expected to debut shortly.

Visa Embraces Stablecoins for Gig Economy Payments

Payment giant Visa has announced a pilot program designed to revolutionize payments for the growing gig and creator economy. The initiative allows businesses to disburse funds directly into stablecoin wallets, bypassing traditional banking rails. This move is positioned to significantly cut down the time it takes for individuals to access their earnings, offering a more efficient and potentially cost-effective alternative to conventional bank transfers or card payments. While the specific stablecoins involved were not detailed, the focus is clearly on leveraging blockchain technology for faster, more streamlined global transactions.

XRP ETF Launch Calendar Unveiled by Market Expert

Excitement is building around XRP as a market expert, Paul Barron, has reportedly disclosed a comprehensive launch calendar for XRP Exchange-Traded Funds (ETFs). This calendar provides crucial details, including launch dates and associated fees for various XRP-focused funds. The news highlights a growing institutional interest in XRP, with particular attention given to the imminent launch of the first ‘33 Act XRP ETF by Canary Capital. The introduction of such regulated investment vehicles is widely seen as a positive development for XRP, potentially broadening its accessibility to a wider range of investors and further integrating it into mainstream finance.