Visa (V) Stock: Visa Joins Singapore BLOOM Initiative for Stablecoin Settlement Pilot

Visa joined Singapore's MAS-led BLOOM initiative to test stablecoin settlement. Nium is Visa's first partner under the framework. The pilot will test seven-day settlement, including weekends and holidays, using regulated USD and euro-backed stablecoins. Visa already runs stablecoin settlement across nine blockchain networks.