Visa will support crypto transactions
Visa announced that it is making its first steps in bridging the worlds of digital and traditional fiat currencies: the use of USD Coin (USDC), a stablecoin backed by the US dollar, to complete a transaction with Visa over Ethereum—one of the most actively used blockchains. Visa is leading the capability with Crypto.com, a Visa partner and one of the world’s largest crypto platforms, and plans to offer the USDC arrangement capability to additional partners later this year.
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