The post Visa Now Supports Stablecoin Settlements on Ethereum and Solana Blockchains! appeared first on Coinpedia Fintech News

Visa has expanded its stablecoin settlement capabilities to include the Ethereum and Solana blockchains. The global payments giant has partnered with Worldpay and Nuvei for pilot programs, with millions of USDC already transferred between partners as part of the live pilots. Visa’s move aims to speed up cross-border settlements and provide a stablecoin payment option for clients. Cuy Sheffield, Head of Crypto at Visa, said the company is “helping to improve the speed of cross-border settlement and providing a modern option for our clients to easily send or receive funds from Visa’s treasury”.