📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Visa Insights into the Stablecoin Market: Comprehensive Layout, Optimistic about Emerging Markets and Cross-Border Payments
New Trends in the Stablecoin Market: Insights and Strategies from Visa
Recently, the United States passed the GENIUS Act, providing a clear framework for stablecoin regulation. As a giant in the payments industry, Visa has responded positively to this. Visa's Chief Strategy Officer, Jack Forestell, published an article outlining the company's views on the future development of stablecoins.
Forestell believes that the "GENIUS Act" marks an important moment in the history of payments. Although stablecoins represent a new opportunity for programmable digital currency, there are still many challenges to achieving scaled applications. For stablecoins to become the next generation of digital payment infrastructure, breakthroughs are needed on three levels: technology, reserves, and interface.
At the technical level, a strong and reliable blockchain infrastructure needs to be established; at the reserve level, trust in the value of stablecoins needs to be built; at the interface level, a convenient user experience needs to be provided. Visa believes that its own global payment network can solve the "last mile" problem for stablecoins and help them achieve large-scale application.
Visa has partnered with several cryptocurrency and stablecoin platforms, facilitating nearly $100 billion in transaction volume. By integrating Visa's infrastructure and services, users can enjoy a seamless and secure payment experience, addressing practical issues such as merchant acceptance, wallet compatibility, and privacy protection.
For the application scenarios of stablecoins, Visa believes the main focus is on emerging markets and cross-border payments. In countries with high inflation and currency controls, stablecoins can meet users' demand for holding US dollars. For C2C remittances and B2B payments, stablecoins also have advantages. However, in developed countries, it remains uncertain whether stablecoins can replace existing payment methods.
Overall, Visa has a positive and open attitude towards stablecoins, viewing them as a new opportunity for business growth. The company has laid out plans in several areas, including issuing stablecoin credit cards and providing stablecoin settlements. Visa believes that stablecoins still need time to truly realize their "genius" potential, but the future prospects are broad.