News Heat Trend
Project Overview
WeFi is a Decentralized Onchain Bank. WeFi aims to reshape the outdated traditional banking model into a more inclusive, smart and robust system by leveraging Decentralized networks and latest technological advances while ensuring a regulatory framework that adapts to both global standards and local requirements.
Event-related news
Visa partners with WeFi, co-founded by former Tether CEO, to connect crypto assets via its payment network
Visa has partnered with WeFi, an on-chain banking company founded by former Tether CEO Reeve Collins, aiming to enable digital asset payments through WeFi's on-chain banking infrastructure. WeFi allows users to hold assets in self-custodial wallets and retain control of their private keys, while ensuring they can spend at any merchant that accepts Visa payments.The project will initially launch in select markets in Europe, Asia, and Latin America, with plans to expand to other regions pending regulatory approvals. WeFi CEO Maksym Sakharov stated that stablecoins will be directly embedded into the underlying infrastructure, with settlement processes handled in the background, eliminating the need for users to manually perform conversions.
Visa Partners with WeFi—Founded by Former Tether CEO—to Advance On-Chain Payments, Enabling Direct Stablecoin Spending on the Visa Network
According to The Block, Visa has partnered with WeFi—a “blockchain-based bank” founded by Reeve Collins, former CEO of Tether—to enable users to hold digital assets in self-custodial wallets and spend them directly across the global Visa acceptance network, without depositing assets into centralized exchanges. Maksym Sakharov, Co-Founder and CEO of WeFi, stated that stablecoins are natively embedded into the underlying infrastructure, with settlements processed automatically in the background, delivering a user experience indistinguishable from conventional payments. This partnership will initially launch in select markets across Europe, Asia, and Latin America, with further expansion contingent upon regulatory approvals.
Related news
Visa partners with WeFi, co-founded by former Tether CEO, to connect crypto assets via its payment network
Visa has partnered with WeFi, an on-chain banking company founded by former Tether CEO Reeve Collins, aiming to enable digital asset payments through WeFi's on-chain banking infrastructure. WeFi allows users to hold assets in self-custodial wallets and retain control of their private keys, while ensuring they can spend at any merchant that accepts Visa payments.The project will initially launch in select markets in Europe, Asia, and Latin America, with plans to expand to other regions pending regulatory approvals. WeFi CEO Maksym Sakharov stated that stablecoins will be directly embedded into the underlying infrastructure, with settlement processes handled in the background, eliminating the need for users to manually perform conversions.
Visa Partners with WeFi—Founded by Former Tether CEO—to Advance On-Chain Payments, Enabling Direct Stablecoin Spending on the Visa Network
According to The Block, Visa has partnered with WeFi—a “blockchain-based bank” founded by Reeve Collins, former CEO of Tether—to enable users to hold digital assets in self-custodial wallets and spend them directly across the global Visa acceptance network, without depositing assets into centralized exchanges. Maksym Sakharov, Co-Founder and CEO of WeFi, stated that stablecoins are natively embedded into the underlying infrastructure, with settlements processed automatically in the background, delivering a user experience indistinguishable from conventional payments. This partnership will initially launch in select markets across Europe, Asia, and Latin America, with further expansion contingent upon regulatory approvals.