06
Apr, 2021

Visa Uses Officially USDC

Visa became the first large company in the payments sector that will use a cryptocurrency, USD Coin (USDC) to settle payments in its network.

 

The pilot that was held between Visa and the crypto exchange Crypto.com and saw an opportunity to offer trustworthy services to its clients with blockchain-foocused products.

 

Visa’s goal is to prepare the environment around its services to be friendly for crypto users and businesses that want to enter the crypto space securely and create new products in it.

 

Let’s not forget that stablecoins remain a safe choice for every government that wants to issue a digital version of its currency in the future and receive any positive returns from that action.