Visa partnered with fintech startup Tala to expand crypto adoption in emerging markets, providing USDC stablecoin access through Tala's digital wallet and enabling Visa-issued payment cards linked to the wallet.
Visa has partnered with fintech startup Tala, Circle, and the Stellar Development Foundation to drive cryptocurrency adoption among underbanked customers in emerging markets. The collaboration will provide access to USDC stablecoin through Tala's digital wallet, with Visa enabling payment card issuance linked to the wallet. Tala, a California-based startup, has already provided over $2 billion in micro-loans to 6 million customers across Mexico, the Philippines, Kenya, and India. The partnership leverages Stellar's blockchain infrastructure and Circle's USDC stablecoin to expand financial services to underserved populations in developing regions.
