Stablecoin Transaction Volumes and Adoption Challenges

More than 90% of stablecoin transaction volumes are not from genuine users, challenging the idea that stablecoins are ready to revolutionize the payment industry. Visa's data suggests that stablecoins are still in a nascent stage and need improvement to become widely accepted.

U.S. Senator Demands U.S. Cancel Iranian Foreign Minister's Visa After Iran's Attack on Israel

Republican senator demands U.S. cancel Iranian Foreign Minister's visa for attending UN Security Council meeting after Iran's attack on Israel. State Department and UN dodge questions on visa. US has authority to restrict movement of diplomats in NY. Iran launched retaliatory strike against Israel. US working to broker ceasefire deal for Gaza.

Iran's Foreign Minister Granted U.S. Visa Amid Outrage Over Strike on Israel

The Biden administration granted Iran's foreign minister a U.S. visa to attend U.N. proceedings in NYC, sparking outrage after Iran's strike on Israel. Lawmakers are calling for the visa to be revoked due to concerns about anti-Israel and anti-American rhetoric.

Changes in Travel Requirements for Brazil

In 2024, travel requirements are postponed for citizens of the US, Canada, and Australia visiting Brazil, but by 2025, visas will be required with additional financial documentation. The visa will cost $80.90, be valid for 10 years with multiple entries, and stays are limited to 90 days per year.

Visa and Mastercard Settlement on Swipe Fees

Visa and Mastercard settle with U.S. merchants on swipe fees, potentially saving consumers billions. The deal lowers and caps fees, allowing small businesses to collectively bargain for rates. However, industry groups believe more needs to be done for long-term relief.

Visa Cap for Afghans Who Worked with U.S. Troops

Senators urge congressional leaders to ensure more visas are available for Afghans who worked alongside U.S. troops, as the deadline for safety in the U.S. approaches. Advocates warn of dire consequences if more visas are not approved.