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Visa taps into Solana to widen USDC payment capability

Published 09/05/2023, 10:17 AM
Updated 09/05/2023, 12:00 PM
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Global payments processor Visa (NYSE:V) has rolled out support for USD Coin (USDC) payments settled on the Solana blockchain as its stablecoin offering begins to expand.

Visa revealed that it is carrying out live and completed pilots with issuers and acquirers, moving millions of USDC tokens between partners across the Etheruem and Solana blockchains to settle fiat-based payments.

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