Visa and Nium Launch 7-Day Stablecoin Pilot Under Singapore’s BLOOM

Visa has joined Singapore’s BLOOM initiative and selected Nium for its first pilot under the program. The companies will test seven-day cross-border settlement with regulated stablecoins backed by U.S. dollars and euros across payment flows. As per a report, the Monetary Authority of Singapore leads BLOOM. It will examine how financial institutions can connect traditional […]