Sources: Visa is in late-stage talks to buy stablecoin custody and infrastructure provider Fireblocks for ~$2.5B, its first acquisition in the stablecoin sector
THE SO WHAT
A ~$2.5B Fireblocks deal would say stablecoin rails are moving from experiment to core payments infrastructure. If you touch payments or treasury, you now have to model Visa as a potential stablecoin infra provider, not just a card network.
READ THE SOURCE
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