Visa becomes first major payments network to settle transactions in usd coin (usdc)

San francisco--(business wire)--visa (nyse: v) today announced a major industry first in bridging the worlds of digital and traditional fiat currencies: the use of usd coin (usdc), a stablecoin backed by the us dollar, to settle a transaction with visa over ethereum—one of the most actively used open-source blockchains.1 visa is piloting the capability with crypto.com, a visa partner and one of the world's largest crypto platforms, and plans to offer the usdc settlement capability to additional
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