Visa has launched a new enterprise platform that will allow banks, fintech companies and other payment providers to access, issue and manage stablecoins through a single Visa-operated environment. … [Read more...] about Visa launches platform for banks to mint and manage stablecoins
Visa brings USDC settlement to U.S. banks in push to modernize card-network plumbing
Visa has expanded its stablecoin settlement pilot into the United States, allowing select U.S. issuer and acquirer partners to settle VisaNet obligations using Circle’s USDC rather than only fiat currency — a step the card network framed as a milestone in upgrading the “settlement layer underpinning global commerce.” … [Read more...] about Visa brings USDC settlement to U.S. banks in push to modernize card-network plumbing
Visa rolls out stablecoin pilot to streamline cross‑border payments
Visa has launched a pilot program allowing businesses to use pre‑funded stablecoins for international payments, an initiative aimed at speeding up cross‑border transactions and freeing companies from tying up cash in local accounts. … [Read more...] about Visa rolls out stablecoin pilot to streamline cross‑border payments
Visa’s strategic leap: harnessing Solana and USDC for global transactions
Visa, a long-established heavyweight in the financial world, is taking a transformative step into the cryptocurrency domain. Recognizing the expansive potential of digital currencies, the company is integrating Solana blockchain and the USDC stablecoin to enhance its cross-border payment system. … [Read more...] about Visa’s strategic leap: harnessing Solana and USDC for global transactions
Tether has reportedly surpassed Visa and Mastercard in terms of transaction volume in 2022
USDT, the biggest stablecoin in terms of market capitalization, has flipped top payment processors Visa and Mastercard in terms of settlement volume, according to a recent tweet by Tether. … [Read more...] about Tether has reportedly surpassed Visa and Mastercard in terms of transaction volume in 2022
FTX partners with Visa to roll out crypto debit cards in 40 countries
Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. … [Read more...] about FTX partners with Visa to roll out crypto debit cards in 40 countries
Visa customers made $2.5 billion in payments from crypto-linked cards in Q1 2022
During the recent earnings call, Visa stated that its customers made $2.5 billion in payments using its crypto-linked cards during the first fiscal quarter of 2022. That’s over 70% of the company’s total crypto volume during its previous fiscal year, signalling increased adoption of digital asset payments. … [Read more...] about Visa customers made $2.5 billion in payments from crypto-linked cards in Q1 2022
Visa dives into the NFT token craze splashing $150,000 on CryptoPunk 7610
The payment service giant acquires one of 10,000 CryptoPunk images numbered 7610 … [Read more...] about Visa dives into the NFT token craze splashing $150,000 on CryptoPunk 7610