Jin10 data reported on August 30, local time on August 29, the office of Palestinian National Authority President Abbas expressed "deep regret and shock" over the U.S. decision to refuse visa distribution to Palestinian officials planning to attend next month's United Nations General Assembly. The office believes that "this decision violates international law and the United Nations Headquarters Agreement." Abbas's office calls on the U.S. to reconsider and revoke this move and reaffirms Palestine's commitment to international law, United Nations resolutions, and all peace obligations.

Jin10 reported on August 23 that on the evening of August 23 local time, Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung held a joint press conference after their talks. Both sides agreed to strengthen strategic communication in the fields of security and economy, and to promote cooperation in cutting-edge areas such as hydrogen energy and artificial intelligence. At the same time, the two leaders confirmed that they would expand the working holiday visa system.

The stablecoin payment service provider Crydit will distribute Crydit SBT as an on-chain certificate to Crydit Card holders, who will receive an airdrop reward of the Plasma Token XPL. Crydit supports payments using stablecoins such as USDT, USDC, and DAI through its encryption wallet, and has launched unlimited Crydit Visa Cards and a Mastercard suitable for small purchases. In the future, it will explore technology solutions related to stablecoin payments in depth.

A federal judge in Brooklyn, New York ruled that the 2019 Visa card processing fee settlement agreement does not apply to the new monopoly charges case, meaning Visa will face antitrust lawsuits from both the government and private companies.

Gate News Bot news, on August 19, according to CoinMarketCap data, UTK (xMoney) is currently reported at $0.04, rising 14.96% in the last 24 hours, with a high of $0.04 and a low of $0.03. The current market capitalization is approximately $24.7 million, an increase of $3.22 million compared to yesterday. xMoney is a financial ecosystem that empowers businesses in the digital economy. The platform provides integrated services such as global payment acceptance, financial management, transaction splitting, and card issuance. xMoney is a major member of Visa and MasterCard, holds an electronic money institution license, is regulated by the Romanian Central Bank, and complies with MiCA regulations. xMoney's services include payment processing, subscription management, marketplace platform solutions, card issuance, and more, dedicated to providing security for businesses.

Golden Finance reports that the Kenyan startup Honeycoin claims to be a cross-border Web3 super application focused on transfers within and outside of Africa. The company has raised $4.9 million in funding, led by Flourish Ventures, which is invested by eBay founder Pierre Omidyar. Investors such as Visa Ventures and Stellar also participated.

Odaily News Visa encryption head Cuy Sheffield stated that stablecoins are expected to significantly expand Visa's addressable market size, with potential market opportunities reaching up to $2 trillion. (Cointelegraph)

According to Jinse Finance, although stablecoins have reached an anticipated peak period, seasoned professionals in the broader fintech circle believe that as an emerging payment tool, stablecoins have limitations. According to data from Visa and Allium, by 2025, the trading volume of stablecoins is expected to reach $5 trillion through 1 billion payments, not far from the total of $5.7 trillion in 2024. Since U.S. President Donald Trump won the election in November 2024, the total value of these cryptocurrencies, which are designed to closely track the prices of existing currencies such as the dollar, has increased by 47%, reaching $255 billion.

Odaily News Ethereum co-founder Vitalik Buterin stated that the original intention behind the creation of Visa reflects ideas similar to those of modern Decentralized Autonomous Organizations (DAO). However, many people now view it as an exploitative or oppressive system. He believes there are valuable lessons to be learned from this.

The CEO of Visa stated that Crypto Assets will thrive like "e-commerce in the 1990s." We may witness "mass adoption" in the next decade. It is coming.

On August 8, Jin10 reported that on August 7 local time, the Algerian Ministry of Foreign Affairs and National Community Abroad issued a statement announcing that it summoned the chargé d'affaires of the French embassy in Algeria that day and handed over two notes verbales. The statement indicated that the Algerian side formally notified the French side in the first note that Algeria decided to terminate the protocol signed in 2013 regarding the mutual visa exemption for holders of diplomatic and official passports, and "immediately requires French citizens holding diplomatic and official passports to obtain a visa," and "Algeria reserves the right to apply the same conditions for issuing such visas as those applicable by the French government to Algerian citizens."

PANews reported on July 31 that the stablecoin issuer Paxos announced on the X platform today that Visa will support USDG and PYUSD issued by Paxos in its stablecoin Settlement services.

Golden Finance reported that Visa (V.N) CEO: The best way to spend using stablecoins is through Visa. Spending in the second quarter in the U.S. remains strong, with tariffs having no significant impact.

Cuy Sheffield, the head of Visa's Crypto Assets business, stated that the rise of stablecoins does not pose a threat to traditional payment companies but rather presents an opportunity. Stablecoins are primarily used for high-value transfers, and the retail payment issues have not been resolved, with the main opportunities lying in emerging markets that demand dollars.

Gate News bot news, the Monad Foundation announced the acquisition of Portal Labs (the team behind the Portal stablecoin wallet platform) to promote the adoption of stablecoins and expand the payment capabilities of Layer-1 blockchain. Portal CEO Raj Parekh will serve as the head of payments and stablecoin business at the Monad Foundation, bringing experience from Visa.

In response to the previous report that sparked widespread controversy regarding "staking TON for UAE golden visa," the TON Foundation issued a brief statement to clarify. The organization denied any government involvement in the project. The plan previously claimed that users could obtain a 10-year UAE golden visa by staking $100,000 worth of TON tokens for three years. According to the TON Foundation's official blog, this clarification aims to correct misinformation about its UAE golden visa program. The foundation emphasized that the project is an independent collaboration between TON and an unnamed licensed partner (focused on tokenization of assets and blockchain infrastructure). The TON Foundation clearly stated that the project has not received any formal government support and is currently only an "exploratory attempt." The organization admitted that the initial announcement was released too early and has removed the related promotional content.

Today (8th) in the Asian early session, Bitcoin (BTC) pulled back from last night's high, currently reported at around 108330 USD, as trade war impacts risk assets. U.S. President Trump signed an executive order, delaying the implementation of tariffs from July to August 1st. Nevertheless, Bloomberg emphasized that Trump’s new deadline "is not 100% certain," allowing more time for negotiations. Trump warned that any trade retaliation would be met with a response from the United States.

On July 6, the three major regulatory authorities in the UAE—Identification, Citizenship, Customs and Port Security Authority (ICP), Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA)—issued a joint statement, firmly denying reports that staking Toncoin (TON) would qualify for the country's Golden Visa. Following the clear denial from the UAE regulatory authorities, investor confidence rapidly collapsed, leading to a sharp fall of 10% in the price of Toncoin, completely erasing the gains made earlier due to the Golden Visa news.

Today (7) in the Asian early market, Toncoin (TON) continued its weekend pump, currently reporting at $2.83 maintaining its strength. TON announced a significant initiative to launch a blockchain-based residency program in the United Arab Emirates (UAE), following which its coin price soared dramatically. This initiative not only solidifies TON's position in the crypto assets market but also opens new opportunities for investors seeking long-term visas in the UAE.

PANews, July 6 news, according to the official announcement, Toncoin has partnered with the UAE to start offering 10-year golden visas to TON stakers.

Traditional payment giants Visa and Mastercard are facing strong challenges from tech companies and crypto startups! Stablecoins, with their ultra-low fees, instant settlement, and core advantages of bypassing intermediaries, are making a strong entry into the $100s of billions payment market. How will this transformation affect merchant costs, consumer experience, and the practical application of Crypto Assets? This article will provide a deep analysis of this "huge change" in the payment sector.

By 2025, the global stablecoin issuance scale will exceed $235 billion, with the volume surpassing the total accumulated by Visa over 40 years in just 5 years. It is expected that traditional financial assets will gradually be put on the blockchain, driving significant changes in the back-end of the financial system, with the scale of financial assets potentially reaching $14 trillion to $28 trillion.

Odaily News According to Cointelegraph on the X platform, Crossmint has partnered with Visa to implement AI-driven on-chain payments using tokenized credentials.

Gate News bot message, according to The Block, in recent years, Visa and Mastercard have announced multiple partnerships aimed at making it easier for consumers to use Cryptocurrency. On Tuesday, Chainlink announced a collaboration with Mastercard to make it easier for users to purchase Cryptocurrency with their cards, enabling direct, Compliance, and fully on-chain Fiat Currency to Cryptocurrency transactions.

BlockBeats News: On June 19, CoinDesk reported that payment card giant Visa has expanded its stablecoin business to Central and Eastern Europe, the Middle East and Africa, and has entered into a strategic partnership with African cryptocurrency trading platform Yellow Card. Visa is clearly investing in stablecoins, which are fast becoming the new infrastructure for internet payments. Just last month, Visa also invested in BVNK, a stablecoin-based payments company.

According to Gate News bot, an internal telegram from the U.S. State Department reviewed by Reuters shows that President Trump's administration ordered the resumption of student visa appointments on Wednesday, but will significantly enhance social media scrutiny to identify any applicants who may harbor hostility towards the U.S.

Odaily News Analyst @goodalexander stated that instead of saying that Circle's recent rise is a bubble, it is better to focus on the 9% drop in stock prices of Visa and Mastercard within a week. He believes that the market is beginning to price in the large-scale adoption of blockchain in the payment and credit sectors, which is a positive and gradual signal.

Jin10 data reported on June 17, local time on June 15, 2024 Panama presidential election candidate and former president Martin Torrijos and another candidate Ricardo Lombana stated that their U.S. visas were revoked due to criticism of the security cooperation memorandum of understanding signed between the U.S. and Panama. Regarding the revocation of his U.S. visa, Torrijos expressed that he believes the reason for the revocation is related to his previous public opposition to the signing of the security cooperation memorandum of understanding between Panama and the U.S., which he believes undermines Panama's sovereignty and violates the principle of neutrality of the canal. Lombana issued a statement stating that his U.S. visa was canceled because he publicly opposed the aforementioned memorandum of understanding.

Jin10 data reported on June 16th, the Macao Special Administrative Region's bulletin published on the 16th announced the Chief Executive's directive, stating that nationals from the Kingdom of Saudi Arabia, the State of Qatar, the State of Kuwait, the Kingdom of Bahrain, and the Sultanate of Oman are exempt from visa and pre-entry permission to enter the Macao Special Administrative Region. The directive will take effect thirty days after its publication.

According to the Gate News bot, Visa and Chainlink have achieved a major milestone in the Hong Kong Monetary Authority's (HKMA) e-HKD+ pilot program, successfully testing (CBDC) using central bank digital currencies and stablecoins for cross-border blockchain transactions. The trial was (Fidelity by Visa in partnership with ANZ Bank )ANZ(, China AMC )ChinaAMC( and Fidelity International International) is one of the first examples of a real-world simulation of programmable money for cross-border investment in tokenized assets. The test uses Chainlink's cross-chain interoperability protocol (CCIP) to connect ANZ Bank's (ANZ) private blockchain, DASChain, with Ethereum (ETH)'s public testnets.

PANews, June 9 - According to Chainlink's official statement, its technology is being used in the second phase pilot of e-HKD+, supporting the secure exchange between Hong Kong Central Bank Digital Currency (CBDC) and Australian Dollar stablecoin. Participants include Visa, ANZ, China AMC, and Fidelity, aiming to promote the modernization of cross-border payments.

Golden Ten Data reported on June 7 that in 2025, driven by preferential policies such as "one trip a week", "one visa for multiple trips" and "Macao cars going north", the flow of people entering and leaving Macao at various ports in Macao will continue to operate at a high level, and the volume of customs clearance will reach new highs. As of 2:00 p.m. on 7 June 2025, the total number of arrivals and departures from Macao exceeded 100 million, 18 days earlier than last year, once again setting a new record for the fastest customs clearance of 100 million. An average of 633,000 people cleared customs in Macao every day, an increase of 10.8% over the same period last year. In addition, the Border Gate took the lead in exceeding 50 million passengers on 30 May. The Hengqin Port and the Macao Port of the Hong Kong-Zhuhai-Macao Bridge also recorded 10 million annual customs clearances on 7 and 9 May, respectively, ahead of schedule.

Golden Finance reports that payment giant Visa plans to collaborate with DCS Singapore, DTC Pay, and StraitsX to launch a stablecoin payment card supported by regulated infrastructure in the Asia-Pacific region. It is reported that Visa has settled over $225 million in stablecoins for participating clients, and the company also plans to expand its tokenization asset platform (VTAP) to more partners later this year or in 2026.

The encryption card issuer Rain has expanded support for Solana, Tron, and Stellar networks, allowing users to make payments with stablecoins at Visa-supported locations. Businesses can more easily launch their own payment cards, supporting various payment scenarios, facilitating cross-border transactions and daily consumption.

BlockBeats news, on May 29, according to CoinDesk, the crypto card issuer Rain has added support for Solana, Tron, and Stellar networks, allowing users to make payments with stablecoins anywhere Visa is accepted. This update will make it easier for businesses building projects on these chains to launch their own branded payment cards, supporting both custodial and non-custodial Wallets, suitable for cross-border and various payment scenarios. Users will then be able to use stablecoins for real-life consumption, such as purchasing daily necessities, distribution of corporate payments, or receiving overseas funds.

Gate News bot message, encryption payment service provider Crydit launched a Visa debit card product supporting stablecoins globally in May. This product supports payments in physical scenarios using digital assets such as USDT, USDC, DAI, and USD1. When users use stablecoins through the Crydit platform wallet, the system will transfer the corresponding assets from the accounts of custodians such as Cobo and Ceffu to the consumption account via smart contracts, completing the payment process. Source: wublock123

Gate.io News bot message, according to a report by Bloomberg, payment service provider Stripe is launching new account services in over 100 countries worldwide, supporting USDC and USDB stablecoins. The service operates through Stripe's Bridge platform and supports not only stablecoins but also balances in pounds, euros, and USD, providing businesses with funds holding and cross-border payment capabilities. At the same time, Stripe launched a new tool integrated with AI agents and reached an exclusive partnership with Visa to become a partner for its AI agent payment services. Source: Bloomberg

Visa has made its first direct investment in the stablecoin payment infrastructure platform BVNK through its venture capital arm, with BVNK handling a volume of $12 billion and clients including companies like Deel and dLocal. This is seen as a validation of the potential of stablecoins as a global payment infrastructure. BVNK completed a $50 million Series B funding round last year, led by Haun Ventures.

According to the Gate.io News bot, as reported by Chain Catcher, the Crypto Assets industry is experiencing a wave of "materialization". Currently, 37 projects have invested in the encryption card business and received investments from multiple leading institutions. Crypto assets cards, as a type of prepaid card product, operate by allowing users to recharge with stablecoins such as USDT and USDC. After recharging, the card issuer allocates the corresponding limit to the user's bank account within traditional card organization systems like Visa/Mastercard. The revenue sources of the card issuance platform include card face fees, exchange fees, and operating income from the platform's idle funds. In the OTC trading environment, Crypto Assets cards provide users with a direct channel for fund inflow and outflow.

Baanx has partnered with Visa to launch a stablecoin payment card linked to hosted wallets, initially supporting USDC issued by Circle. Cardholders can directly use their encryption wallets to spend USDC, with real-time balance transfers to Baanx for redemption through smart contracts, ultimately completing the payment. Meanwhile, Baanx is also collaborating with Mastercard to develop a wallet card linked to MetaMask, aimed at empowering individuals to self-custody, hold, and spend USD stablecoins in real-time.

According to Gate.io News bot, The Block reported that payment giant Visa has partnered with Bridge, a startup under Stripe, to launch a new payment card service. This service allows developers to issue Visa cards that support stablecoin, enabling cardholders to make purchases at all merchants that accept Visa. Bridge will be responsible for handling the backend technical support for stablecoin balance deductions and fiat conversions. This service will initially be launched in six Latin American countries: Argentina, Colombia, Ecuador, Mexico, Peru, and Chile, where merchants will receive payments directly in local fiat currency.

Stablecoin USDC issuer Circle announced the launch of a new payment and cross-border remittance network, initially focusing on remittance services, with future plans to compete with Mastercard and Visa. The product launch event is aimed at partners from various fields, and Circle's CEO will share insights on the future outlook of the payment sector.

According to Cointelegraph data, stablecoin trading volume surpassed Visa's payment volume for the first time in 2024.