Visa Collaborates with Aquanow to Accelerate Settlement Processes with Stablecoins
Visa Expands Stablecoin Settlement: Visa has partnered with Aquanow to enhance its stablecoin settlement capabilities in the CEMEA region, allowing transactions to be settled using approved stablecoins like USDC, which aims to reduce costs and settlement times.
Demand for Faster Transactions: The partnership addresses the growing demand among financial institutions for quicker and more cost-effective cross-border transactions, enabling 365-day settlement and modernizing payment systems.
Successful Pilot Program: Visa previously piloted stablecoin settlements in 2023, achieving a monthly volume exceeding a $2.5 billion annualized run rate, marking it as one of the first major payment networks to adopt this technology.
Future of Money Movement: Both Visa and Aquanow emphasize the importance of stablecoin technology in facilitating faster, more transparent settlements, reducing reliance on traditional financial systems and preparing institutions for the evolving digital economy.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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