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Visa Establishes Six Global Hubs in Singapore, Focusing on AI and Stablecoins
Visa announced the establishment of six Global Capability Centers at its new Solutions Center in Paya Lebar Oasis, Singapore—reporting by Tech in Asia. These centers will focus on AI applications, agent-based commerce, digital currencies, stablecoins, programmable payments, digital wallets, alternative payment methods, cybersecurity, and quantum computing. Visa also said it will continue expanding roles in research, engineering, and innovation, and has already formed partnerships with DBS Bank, Nium, and StraitsX. Singapore’s Economic Development Board noted that this investment will create high-value job opportunities for local talent. Additionally, Visa has launched USDC settlement services in the U.S. and emphasized that stablecoins could accelerate cross-border payments and advance the development of programmable money.