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Visa Head of Cryptocurrency: Two U.S. banks have started using USDC to settle transactions on Solana

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Visa Head of Cryptocurrency: Two U.S. banks have started using USDC to settle transactions on Solana

According to Foresight News, Cuy Sheffield, head of cryptocurrency at Visa, said in an interview with Bloomberg, "Two banks in the United States have begun to use USDC to settle transactions on the Solana platform. In the past two years, Visa has directly used stablecoins to improve fund flows. There are multiple real-time pilot projects in Africa, Latin America and Asia, and customers use stablecoins to settle transactions with Visa. We are very happy to continue to maintain the development momentum of stablecoins."

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