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Visa to Allow US Institutions to Settle Transactions via Solana Blockchain Using USDC

Summary: According to reports, payment giant Visa is opening up its US network to support stablecoin settlements in a move to expand its offerings related to cryptocurrencies. Visa will allow US institutions to use Circle Internet Group Inc.'s USDC token to settle transactions via the Solana blockchain. Cross River Bank and Lead Bank are among the ...

According to reports, payment giant Visa is opening up its US network to support stablecoin settlements in a move to expand its offerings related to cryptocurrencies. Visa will allow US institutions to use Circle Internet Group Inc.'s USDC token to settle transactions via the Solana blockchain. Cross River Bank and Lead Bank are among the first institutions to utilize this service. (Bloomberg)

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