Visa has introduced two groundbreaking features: AI-enabled payments and stablecoin settlements, as reported by Fortune. The AI integration allows consumers to manage shopping and payments through AI agents, akin to using Apple Pay or Google Pay. This innovation offers personalized shopping recommendations and secure transactions via tokenization, enhancing the online shopping experience. Meanwhile, the stablecoin settlement pilot enables select partners to utilize stablecoins—invaluable digital currencies tied to stable assets like the U.S. dollar—for cross-border transactions, indicating Visa’s commitment to adopting blockchain technology. Karpin, Visa’s Asia-Pacific president, emphasized the rapid evolution of payment methods in the region, driven by super apps such as Alipay and WeChat Pay. Rather than viewing these apps as competitors, Visa is focused on strategic partnerships, exemplified by collaboration with Line Pay, allowing users to pay internationally through QR codes linked to the Visa network. These advancements position Visa at the forefront of digital payments and Web3 commerce, ensuring they remain competitive.
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