News Summary:
On July 10, 2026, Visa joined over 140 companies, including MasterCard, Google, Samsung, and IBM, in backing the Open USD initiative, which integrates privately issued digital dollars into the global payment system following the US Genius Act. Earlier on the same day, Visa announced new capabilities across Visa Accept and Visa Direct, designed to expand how smartphones can accept and send digital payments, aiming to help small businesses in emerging markets manage transactions using existing tools. Previously, on July 9, 2026, Visa spotlighted Thailand's growing role as a travel destination during its Visa Client Connect 2026 event, bringing together experts from the payments, banking, technology, and tourism sectors to discuss enhancing travel experiences. On the same day, Visa, mobile money platform M-Pesa, and cross-border payments company Onafriq chose the Democratic Republic of Congo (DRC) as a testing ground for linking mobile money with stablecoins, eyeing expansion in Africa’s cross-border digital payment industry.
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