TLDR Crypto · MISCELLANEOUS
EUROPE'S $24T BREAKUP WITH VISA AND MASTERCARD HAS BEGUN
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.