Visa announced major product developments, including expanding stablecoin settlement capabilities to Solana and Ethereum, and forming digital payment collaborations with Worldpay and Nuvei.
1 report, 1 independent
Updated Jul 30
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What happened
Visa announced major product developments, including expanding stablecoin settlement capabilities to Solana and Ethereum, and forming digital payment collaborations with Worldpay and Nuvei.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A new stablecoin product (USDPT) has been issued on the Solana blockchain, which is backed by Visa and integrated with the Stablecard functionality.Sub-event
Visa is expanding its digital payment ecosystem into Solana and Ethereum, guided by product innovation.1 source
Keep exploring
Part of
Visa is expanding capabilities to integrate various crypto networks (Ethereum, Stellar, Solana, Avalanche) to facilitate crypto-to-fiat on-ramps, challenging traditional payment rails.Also in this story
- MetaMask is expanding its product availability globally and rolling out Mastercard-enabled spending cards.
- Visa provides infrastructure for stablecoin card programs.
- Kraken uses the Visa network for merchant acceptance and rewards customers with Bitcoin cashback.
- Solana and Avalanche are noted for their fast and cheap transaction capabilities compared to Ethereum.
The entities involved
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Visa Inc.
American multinational financial services corporation
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Ethereum
public blockchain platform with programmable transaction functionality
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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.
Related events
- Ryan McInerney commented on the company's strategic outlook, framing agentic commerce as a key area for future growth.
- Visa conducted a study on digital payment trust and Visa Asia Pacific manages fintech development in the region.
- MarketWatch reported that both Visa Inc. and Mastercard reached record highs in their stock performance.
- During the Global Fintech Fest, Visa showcased innovations and launched a whitepaper on cyber resilience in India.
- Visa and Mastercard are exploring stablecoin settlements, while Trump-era tariffs are noted to benefit AI stocks.
Coverage
Newest first; wire copies grouped- ZacksBuy Visa Stock on Impressive Q2 Earnings and Strong Business Visibility The global financial transaction services giant Visa Inc. V reported solid quarterly adjusted earnings of $2.98 per share, beat