Visa is expanding its USDC settlement pilot to the high-speed Solana blockchain, citing enterprise-grade capabilities.
The move adds merchants Worldpay and Nuvei to pilot USDC settlements for Visa payments over Solana.
For Visa, the expansion marks a milestone in practically applying decentralized blockchains for payments.
Visa is bringing its stablecoin settlement pilot to the Solana blockchain, enabling high-throughput transactions with negligible costs for issuers and merchants using USDC.
The move comes after an extensive evaluation of Solana’s speed, costs, and decentralization. Visa cited demand from clients to leverage newer, high-performance chains for moving USDC settlements.
Two additional merchants, Worldpay and Nuvei, will join the pilot, settling Visa payments in USDC over Solana. This real-world adoption validates stablecoins’ potential role within mainstream payments, integrated with existing systems.
Visa Taps Solana for its Features
Visa is aiming to provide enterp
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