Visa Expands Stablecoin Pilot Into Canada With Wealthsimple

Visa ’s global stablecoin strategy has expanded to Canada for the first time through a collaboration of Visa Canada and financial company Wealthsimple . The companies are collaborating on a stablecoin settlement pilot program in Canada, joining Visa’s global pilot program that is now processing billions in settlement volume, Visa said in a Tuesday (May 5) press release emailed to PYMNTS. Through the pilot, Wealthsimple can satisfy certain settlement obligations with Visa Canada in USD Coin ( USD