Visa expands USDC stablecoin settlement capabilities to Solana

ChainCatcher news, payment giant Visa officially announced that it is expanding the USDC stablecoin settlement functionality to the Solana blockchain and partnering with merchant acquirers Worldpay and Nuvei. It is reported that through on-site pilots with issuers and acquirers, Visa has already transferred millions of dollars in USDC among its partners via the Solana and Ethereum blockchain networks to settle fiat-denominated payments authorized through VisaNet.