“Visa partners with Solana blockchain, venturing into stablecoin payments. This sees Visa using stablecoins like USDC and blockchain networks such as Solana and Ethereum to increase cross-border settlement speed and offer more accessible options for fund transfers via Visa’s treasury.”
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VISA Leverages Solana Blockchain and USDC Stablecoin for Faster International Payments
“VISA has enhanced its stablecoin settlement ability with Circle’s USDC stablecoin on the high-speed Solana blockchain, making it one of the first financial institutions to harness Solana for scaled settlements. VISA’s integration of stablecoins like USDC on global blockchain networks aims to improve international settlements speed and give clients a modern option to conveniently transact funds.”
Bitcoin 2023: Navigating Regulation & Cryptocurrency’s Response to Anti-Crypto Forces
At the Bitcoin 2023 event, a panel discussed the “dire” regulatory environment and its impact on the cryptocurrency industry. Panellists emphasized the importance of collaboration, education, and cooperation with regulators to address challenges and uphold American values, while acknowledging divergent opinions on the industry’s response to regulation.