Bridge partners with Visa to launch a stablecoin payment card, first available in the Latin American region

ChainCatcher news, according to TheBlock, Visa has partnered with Bridge, a stablecoin infrastructure company recently acquired by Stripe, to launch Visa cards supporting stablecoin payments in the Latin American region. Bridge will handle backend operations, including stablecoin balance withdrawals and fiat currency exchanges.

The product will first be launched in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile, where merchants will receive payments in local currency.