Cenoa, a financial platform leveraging blockchain technology, aims to empower entrepreneurs in emerging markets like Turkey and Nigeria by providing them with access to stable global financial infrastructure. Partnering with Bridge, Cenoa has streamlined the onboarding process and significantly reduced transaction costs, enabling over 50,000 small businesses to engage in international trade efficiently. This collaboration not only facilitates access to USD banking but also enhances economic inclusion for users in these regions.
Visa has partnered with Bridge to introduce stablecoin-backed Visa cards, enabling users to make purchases using stablecoins at any merchant that accepts Visa. The product will initially launch in several Latin American countries, allowing merchants to receive payments in local currencies. This collaboration aims to integrate stablecoins into Visa's existing payment network, enhancing consumer choice.