Visa launches USDC settlements for US banks
Visa announced the launch of settlements using the USDC stablecoin for banks in the United States. Payments will be conducted on the Solana blockchain, offering a promising future for fast and secure interbank transactions.
Source Bloomberg
Introducing USDC as a settlement medium may significantly accelerate financial operations, reduce costs, and enhance transparency in bank payments. The use of Solana ensures high throughput and low transaction fees.
This move could mark the beginning of a new era in digital payments, encouraging broader adoption of cryptocurrencies within traditional financial systems.
