Financial service provider giant Visa has now begun settling transactions in USD Coin (USDC), a cryptocurrency whose value is pegged to the US dollar, after piloting the capability with crypto and payment platform Crypto.com over the blockchain Ethereum. Visa plans to roll out the capability to additional crypto partners later this year. Previously, crypto wallets […]

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The trading volume of USD Coin (USDC) has increased dramatically following the announcement by Visa of accepting the cryptocurrency for payments. Visa Inc. will become the first payments giant to allow its over 60 million merchants to settle transactions in USDC, a 12th cryptoasset by market cap and a stablecoin that is backed by US dollar (USD) created on the Ethereum blockchain.

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