Visa says it will allow the use of cryptocurrency USD Coin to settle transactions on its payment network and has launched a pilot program with Crypto.com
Noor Zainab Hussain / Reuters :
Reuters Noor Zainab Hussain
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Discussion
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@jerallaire
Jeremy Allaire
on x
1/6 Major USDC news today - @Visa has become the first major payments network to support USDC as a native currency and settlement system on its network. This is massive news, and marks a major turning point in mainstream adoption of crypto. https://www.businesswire.com/ ...
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@scottmelker
@scottmelker
on x
Mastercard's CEO stated just last week that he had no interest in Bitcoin and minimal interest in crypto. Visa said “hold my beer.” https://www.bloomberg.com/...
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@vinnylingham
Vinny Lingham
on x
Enough value will likely be stored on USDC by end of the year to make it a top 5 coin by market cap... https://twitter.com/...
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@visanews
@visanews
on x
Today, @Visa announced a major industry first: the use of USD Coin (USDC) to settle a transaction with Visa over the @Ethereum public #blockchain: https://usa.visa.com/... https://twitter.com/...
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@visanews
@visanews
on x
Following the successful receipt of USDC from @Cryptocom, one of the world's largest #crypto platforms, Visa plans to offer this capability to additional partners this year: https://usa.visa.com/...
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@camirusso
Camila Russo
on x
2017: Will Ethereum ever be able to compete with Visa on throughput? 2021: Visa is settling transactions on Ethereum. This is one of the clearest signs the new financial rails are replacing the old ones. Internet of money is here ✨ https://www.businesswire.com/ ...
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@shane_dmuller
Shane
on x
Congratulations! Epic moment for everyone in #crypto https://twitter.com/...
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@kris_hk
@kris_hk
on x
On the heels of our recently announced Global Alliance, https://crypto.com/ and @Visa conduct first settlement in USDC - a world first! The card was connected directly to a USDC wallet and transactions were settled to Visa in USDC. https://twitter.com/...
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@ericnode
Eric Anziani
on x
Thrilled to have conducted this historic transaction with @Visa, bringing the crypto and fiat worlds closer than ever! 💳🤝 To further support this effort, the https://crypto.org/ Chain will work to support $USDC issuance on its network later this year🚀🚀🚀 https://twitter.com/...