Visa will be one of the first large companies to use Solana for their operations. Against this background, the SOL coin rate rose by 3%, despite the fact that the market is in a declining phase.
The company also launched pilot programs with merchant acquirers Worldpay and Nuvei, which process debit and credit card payments for businesses around the world. Now the owners of outlets where the terminals of these companies are installed will be able to use USDC to receive payments.
Visa began testing USDC for payments back in 2021. Then a program was launched with the Crypto.com exchange – a payment company issued cryptocurrency payment cards.
“Using stablecoins like USDC and global blockchains like Solana and Ethereum, we are trying to increase the speed of international payments and provide our clients with modern and simple functionality to send and receive funds through Visa,” said Cuy Sheffield, head of cryptocurrencies at Visa. ).
Visa has already made millions of dollars worth of payments using the USDC stablecoin, Sheffield said.
In April, it was reported that the company is expanding the staff employed in cryptocurrency projects.
Source: Bits
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