- Visa is expanding capabilities to integrate various crypto networks (Ethereum, Stellar, Solana, Avalanche) to facilitate crypto-to-fiat on-ramps, challenging traditional payment rails.
- Visa announced major product developments, including expanding stablecoin settlement capabilities to Solana and Ethereum, and forming digital payment collaborations with Worldpay and Nuvei.
A new stablecoin product (USDPT) has been issued on the Solana blockchain, which is backed by Visa and integrated with the Stablecard functionality.
1 report, 1 independent
Updated Aug 5
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
A new stablecoin product (USDPT) has been issued on the Solana blockchain, which is backed by Visa and integrated with the Stablecard functionality.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Solana
Mexican cottage manufacturer of sporting cars
- Tokenized asset distribution is being enabled using blockchain technology, involving Solana, Ondo, Ethereum, and major companies like Nvidia and Tesla.
- Attackers are exploiting developer platforms and content sites to distribute malware and run phishing campaigns, leveraging GitHub, SourceForge, WordPress, and YouTube.
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Visa Inc.
American multinational financial services corporation
Related events
- Visa Inc. announced several new partnerships, including with Solana and Circle, and Kraken launched a debit card on its network.
- Reap expands its collaboration with Visa to provide card issuance and stablecoin infrastructure globally, including Africa.
- Worldcoin seeks ETF approval from the SEC, while Solana hosts Intel tokenized stock issuance and Jito utilizes Solana for its trading platform.