TechFlow News, April 28: According to The Block, Visa has partnered with WeFi—a “on-chain bank” founded by Reeve Collins, former CEO of Tether—to enable users to hold digital assets in self-custodial wallets and spend them directly across Visa’s global acceptance network, without depositing assets into centralized exchanges. Maksym Sakharov, Co-Founder and CEO of WeFi, stated that stablecoins are natively embedded into the underlying infrastructure, with settlements automatically processed in the background, delivering a user experience indistinguishable from conventional payments. This partnership will initially launch in select markets across Europe, Asia, and Latin America, with further expansion contingent upon regulatory approvals.
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