Fiat Freeway: Visa adds a novel CBDC Protocol to its Growing Digital Ecosystem

Quick Take

  • ‘Fiat Freeway’ is a weekly column providing the latest updates on central bank digital currencies (CBDCs) and stablecoins. 
  • This week’s column explores Visa’s novel offline payment system (OPS) protocol, which expands the global payments technology company’s fast-growing digital ecosystem into CBDC.  
Last week, ‘Fiat Freeway’ examined Paxos’ $142M Series C fundraising and FinCEN’s newly proposed KYC rules for digital wallets. We’ve also previously covered the influx of applications by digital asset firms seeking to obtain banking licenses, recent digital asset industry backlash from Capitol Hill, China’s Digital Currency Electronic Payment (DC/EP) progress in the second half […]

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