What are stablecoin-backed corporate cards and how do they work?

Stablecoin-backed corporate cards are linked to digital wallets holding stablecoins. They facilitate instant currency conversion at the point of purchase.

Integrating blockchain technology with traditional financial systems is transforming global trade, with stablecoins playing a central role. Corporate cards supported by stablecoins demonstrate this integration, allowing companies to use digital currencies for meeting everyday expenses. 

Stablecoin-powered corporate cards convert stablecoins into local currencies at the point of purchase, enabling smooth transactions at any merchant that accepts Visa, a global leader in digital payments. Visa has partnered with platforms like Bridge and Baanx to enable these corporate cards. 

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