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Visa expands stablecoin settlement pilot to Solana

FinTech Collective

September 5, 2023

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FinTech Collective

Visa is scaling their USDC settlement pilot to include the Solana blockchain, enabling enterprise-grade throughput at virtually no cost for Visa issuers and merchant acquirers on Solana.

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“By leveraging stablecoins like USDC and global blockchain networks like Solana and Ethereum, we're helping to improve the speed of cross-border settlement and providing a modern option for our clients to easily send or receive funds from Visa’s treasury”

https://www.businesswire.com/news/home/20230905549860/en/Visa-Expands-Stablecoin-Settlement-Capabilities-to-Merchant-Acquirers

Cryptocurrency wallet. Pixel art crypto coins dropping into wallet. Concept of money transactions. Crypto wallet for bitcoin, solana, ethereum. Vector illustration.

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