Visa has established 6 global capability centers in Singapore, with operations covering stablecoins and programmable payments.

Visa announced on Nov. 5 the establishment of six global capability centers at its new Singapore solutions hub, staffed by more than 1,500 professionals and focused on AI, stablecoins, programmable payments, wallets and cybersecurity. The payments giant plans to expand research, engineering and innovation roles at the site, working with partners including DBS, Nium and StraitsX. The move embeds stablecoin and programmable-payment infrastructure within Visa's own operations in a key Asian financial hub, signaling deeper integration of digital-asset rails into mainstream card networks. It follows Visa's broader push into tokenized settlement and wallet interoperability. What to watch next: whether the Singapore centers produce concrete stablecoin settlement pilots with DBS and StraitsX, and how Visa extends programmable-payment capabilities to issuers and merchants across the region.