Rubail Birwadker

Money Moves

Leads Visa's stablecoin strategy and settlement-financing partnerships

Visa's stablecoin-linked card programs grew payment volume nearly 200% year over year, and their settlement run rate just passed $20 billion at an annualized pace. Those programs must fund daily settlement obligations before cardholders repay them, a working-capital gap that bank credit lines were too slow and too rigid to fill.

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