Preamble: Why Uni-Fi, Why Now The international financial order that governed the post-Bretton Woods era is not collapsing so much as de-cohering. Its component parts…
Debunking Crypto-Assets: A New Technology, but Traditional Assets
In recent years, the use of crypto-assets, and wider asset tokenisation, has gained momentum within the European…
Fiat-backed stablecoins—digital assets pegged to currencies like the U.S. dollar—have surged to about $238 billion as of August 2025, according to Visa Onchain Analytics, over 60…
Visa’s point of view on new trends in payments translated for central bankers and policymakers Stablecoins have evolved from an extension of crypto trading use…
Central bank digital currencies (CBDC) and stablecoins captured the headlines in 2020, with central banks ramping up their research and pilot projects and the first…