Visa Wants To Revolutionize Cross-Border Payments With Solana

In a significant move towards modernizing cross-border financial transactions, payments giant Visa Inc (NYSE: V) announced on Tuesday its plans to extend its stablecoin settlement capabilities to the Solana (CRYPTO: SOL) blockchain. This development came in collaboration with major merchant acquirers, Worldpayand Nuvei. Visa’s recent endeavors have seen millions of Circle (CRYPTO: USDC) being transacted between its partners over both the Solana and Ethereum (CRYPTO: ETH) blockchain networks, streamlining fiat-denominated payments processed via VisaNet, the company stated. Cuy Sheffield, head o…

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