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+ \7 a! U3 ^( g* k( F. q! J1 ~Visa announced the expansion of its stablecoin settlement capabilities to include the Ethereum and Solana blockchains. The company is partnering with merchant acquirers Worldpay and Nuvei for pilot programs.
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As part of live pilots, Visa has already moved millions of USDC between its partners over the Solana and Ethereum blockchain networks to settle fiat-denominated payments authorized over VisaNet, the payments giant detailed in a press release.
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, n f3 L4 L: u# p0 o% uCuy Sheffield, Head of Crypto at Visa, stated that the move aims to speed up cross-border settlements and provide a stablecoin payment option for clients. “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,” said Sheffield.
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Worldpay and Nuvei are fintech companies serving merchants across various sectors. With Visa’s support, they expect to offer merchants the option to receive payments in stablecoins like USDC.
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) N) f5 C u% O2 ^; |" mThis announcement also marks Visa’s inclusion of Solana as a supported blockchain for settlements, making it one of the first major payment companies to do so.
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Cryptocurrency exchanges review: , \$ i1 x7 w8 E8 @
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#1 OKX - 24h Volume: $ 1 097 255 972.
( }" l- v, T" c; X! cOKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
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#2 ByBit - 24h Volume: $953 436 658. % Z. k8 k4 T; q4 V! E
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US. ( [- V" T( N# V+ q6 y
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#3 Gate.io - 24h Volume: $ 643 886 488.
1 p! {" Y \: `The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States. : N; G/ E# x% J1 I. f& s
" T5 b! ?, b5 V: Z5 r#4 MEXC - 24h Volume: $ 543 633 048.
( ^3 n. ?2 C( X. [, gMEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange. " ]0 N9 s! g& I2 D& F
/ B2 m* ?0 A* U7 ^#5 KuCoin - 24h Volume: $ 513 654 331.
0 B; _7 P' D1 h+ A$ V5 ?, _KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
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! ~- [% x. n4 L' y$ q5 s7 D$ `#6 Huobi - 24h Volume: $ 358 727 945.
E6 f$ p6 ]9 [! _' P6 mHuobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US. ' `9 K/ y: ?, P+ W" B
. H& j: T' S7 t$ O1 s) x4 `#7 Bitfinix - 24h Volume: $ 77 428 432. - @4 Y$ Z* E" C
Bitfinex is located in Taipei, T'ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
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My bitcoin-blog: https://sites.google.com/view/my-crypto-jam/blackrock
: v2 d3 D* w4 t) d* p- s+ gCrypto Review: https://my-crypto-jam.blogspot.com/2023/09/BlackRock.html
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