- 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
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Visa Inc.
American multinational financial services corporation