Stablecoin Settlement Turns Visa's 2-3 Day Drag into Seconds – For Sydney Cafes, At Least
That coffee shop owner in Sydney? She's staring at her phone as your $5 latte payment hits her account in seconds. No more Visa limbo, no holds, no weekends killing cash flow.
⚡ Key Takeaways
- Stablecoin settlement cuts Visa's 2-3 day waits to seconds, handing merchants instant cash with near-zero fees.
- OpenPasskey's ClearingVault on Base L2 bridges card crypto to on-chain via RIP-7212 — a dev pattern for more than payments.
- Skeptical upside: Stablecoins dodge Bitcoin's volatility pitfalls; Visa likely copies if it scales beyond pilots.
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Originally reported by dev.to
