Visa Takes Another Major Step In Stablecoin Payments Strategy

Visa Inc. (NYSE:V) on Tuesday disclosed the launch of USDC settlement in the United States.

• Visa shares are consolidating. Where are V shares going?

Visa said it marks a key milestone in its stablecoin settlement pilot and broader strategy to modernize the settlement layer for global commerce.

For the first time, U.S. issuer and acquirer partners can settle with Visa using Circle’s (NASDAQ:CRCL) USDC, a fully reserved, dollar-backed stablecoin.

Why Does It Matter?

This enables faster fund transfers over blockchains, seven-day availability, and improved operational resilience on weekends and holidays, without altering the consumer card experience.

Also …

Full story available on Benzinga.com