
Visa Enables $USDC Transactions on Solana Blockchain
Visa has announced the extension of its stablecoin settlement capabilities to the Solana blockchain, in addition to its existing support for Ethereum. This expansion comes as part of a collaborative effort with merchant acquirers Worldpay and Nuvei, marking a pivotal moment in the world of digital payments. Visa has already taken steps to put this into practice, conducting live pilot programs that involved the transfer of millions of USDC stablecoins across both the Solana and Ethereum blockchain networks. These transactions were instrumental in settling fiat-denominated payments, all authorized via Visa’s global payment network, VisaNet. Visa had previously utilized USDC stablecoins