Is Bank of America’s Stablecoin Upgrade Reframing Visa (V) as a Fintech Innovator or Utility?
In recent days, Bank of America upgraded Visa after the company highlighted new product initiatives, including stablecoin integration and AI-enhanced commerce across its network. The upgrade framed stablecoins as a potential growth avenue for Visa’s cross-border and real-time payout capabilities, rather than a direct threat to its business model. We’ll now explore how Bank of America’s confidence in Visa’s stablecoin opportunity and innovation focus could influence the existing investment...