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
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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