Visa, the payment processing giant is expanding its crypto infrastructure with a new stablecoin interoperability focused layer-2 solutions that would allow Central Bank Digital Currencies (CBDCs) and private stablecoins to be transferred between different blockchain. The new platform would be called the “universal payments channel” (UPC). The development of the stablecoin layer 2 solutions can eradicate the issue of how different CBDCs can be handled on a single blockchain. The white paper read,
“the UPC technology can play an important role between private stablecoins and public CBDCs by providing permissioned access for whitelisted stablecoins to be interoperable with CBDCs.”
While explaining the utility of the UPC system, Visa wrote,
“Imagine splitting the check with your friends, when everyone at the table is using a different type of money — some using CBDC like Sweden’s krona, and others preferring a private stablecoin like USDC,” The firm said UPC project would m
Źródło: https://coingape.com/breaking-visa-unveils-layer-2-interoperability-platform-stablecoins/
