VISA will make payments in USDC stabelcoins on Soolana – Bits Media

VISA payment company plans to accelerate international transactions using USDC stablecoin, Moreover, for operations it is planned to use SOLANA blockchain.

Visa will be one of the first major companies, using Solana for their activities. Against this background SOL coin course has grown by 3%, despite , that the market is in the phase of decrease.

The company also launched pilot programs with the Worldpay and Nuvei trading acquires, which process payments on debit and credit cards for business around the world. Now 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 in 2021 year. Then the program with the Crypto.com exchange was launched - the payment company issued cryptocurrency payment cards.

“Using stablecoins like USDC and global blockchains, such as SOLANA and Ethereum, We try to increase the speed of international calculations and provide our customers with modern and simple functionality for sending and receiving funds through VISA ", - told the head of the cryptocurrency in Visa Kai Sheffield (Cuy Sheffield).

According to Sheffield, Visa has already made millions of dollars with USDC stablecoin.

In April, it was reported, that the company expands employees, employed in cryptocurrency projects.