TLDR Crypto · MISCELLANEOUS

EUROPE'S $24T BREAKUP WITH VISA AND MASTERCARD HAS BEGUN

europeanbusinessmagazine.com5 min read

Summary from the TLDR Crypto newsletter

The European Payments Initiative and EuroPA Alliance partnered to launch Wero, a digital payment network serving 130 million users across 13 countries. Utilizing SEPA instant transfers, the project seeks to establish European strategic autonomy and reduce reliance on US-based infrastructure like Visa and Mastercard.