Visa is teaming up with a Tether co-founder to build onchain banks

Collins wants to bring robust stablecoin payments infrastructure to under-banked people around the planet. What to know : Visa is working with blockchain-based stablecoin infrastructure firm WeFi to build onchain payments and banking services The rollout will take place region by region, starting with selected markets in Europe, Asia, and Latin America. The Visa partnership closes that "last half mile" of onchain banking infrastructure.