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Visa Stock Slips as Stablecoin Integration Expands Through Zero Hash Partnership

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Visa's stock took a 0.23% hit on Thursday as it announced an expansion of its stablecoin integration through a partnership with Zero Hash.

The partnership will enable Visa Direct business partners to use approved stablecoins for prefunding and payout distribution, and for digital wallet transactions.

This is the latest in a series of blockchain and tokenized currency initiatives by Visa, which has also partnered with BVNK to facilitate stablecoin-funded disbursements and direct wallet transactions.

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