Payment Giant Visa Integrates USDC Stablecoin Support for Settlement
On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that the company will leverage USD coin (USDC), the regulated token built on top of the Ethereum network. A lot Has Changed Since Dee Hock founded Visa Visa has announced cryptocurrency integration with its settlement platform on March 29. The company said a lot has changed since Dee Hock founded Visa, and nowadays Visa must “accommodate new form factors for money.” BREAKING: Visa has....
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Global payment giant Visa has announced the launch of stablecoin settlement in the United States using Circle’s USDC on the Solana Blockchain. The expansion follows the company’s ongoing efforts to modernize its settlement layer and be at the forefront of the emerging sector. Related Reading: Terra Founder Do Kwon Could Face 30-Year Sentence In Potential […]
Payment giant VISA has significantly moved in the digital currency space by expanding its stablecoin settlement services to the Solana (SOL) blockchain. According to recent announcements, the company aims to enhance the capabilities of traditional payment systems through this pilot program, which is currently in the testing phase. This initiative is expected to improve cross-border settlement speeds and offer a modern option for clients to send and receive funds through Visa’s treasury. In collaboration with merchant acquirers Worldpay and Nuvei, this expansion reinforces....
Per an official announcement, payment giant VISA expanded its stablecoin settlement services to the Solana blockchain. The program is currently in a pilot and testing phase but looks to improve upon the capabilities of the legacy payment rails. Related Reading: Solana Co-Founder Pushes For SOL Token Redistribution From FTX To Bankrupt Exchange’s Users VISA Doubles […]
Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which can handle 24,000 transactions per second, announced that it would offer users the option to settle transactions in Ethereum-based stablecoin USDC, becoming the first major payment services provider to have […]
Visa is linking its payments network of 60 million merchants to the USDC stablecoin, according to Forbes.