USDC Overtakes USDT in Transaction Volume Based on Visa Data

Circle Internet Financial’s stablecoin, USDC, has experienced a significant rise in transaction volume this year, surpassing Tether’s stablecoin, USDT, to become the market leader. According to data compiled by Visa Inc. in collaboration with Allium Labs, USDC’s growing dominance reflects…

Explore El Salvador’s $1 Million Bitcoin Freedom Visa Program

Explore El Salvador’s Freedom Visa program, designed to attract Bitcoin enthusiasts seeking permanent residency and Salvadoran citizenship. By investing $1 million worth of Bitcoin and collaborating with stablecoin issuer Tether, El Salvador aims to leverage its pro-crypto stance and emerge…

Binance Ends Visa Debit Card Services in the European Region

Binance, a global leader in the cryptocurrency exchange domain, recently made headlines with its decision to discontinue its Visa debit card services in the European Economic Area effective December 20, 2022. This significant move marks the end of a partnership…

Lightspeed, Visa, and Banking on Solana: The Future of Stablecoin Settlement

Introduction In the ever-evolving landscape of cryptocurrencies and blockchain technology, innovation continues to shape the financial industry. One of the latest developments gaining significant attention is the partnership between Lightspeed, Visa, and Solana, which promises to revolutionize stablecoin settlement. In…

Visa to Send Stablecoin USDC over Solana to Help Pay Merchants in Crypto

As Visa aimed to expand its potential to more clients, there was an urgent need to utilize newer, high-performance blockchains that could send and receive stablecoins at a faster rate and at a lower cost. For these reasons, Visa supported…

Visa Payments Will Rely on Multiple Blockchains, Says Head of Crypto

Introduction In the rapidly evolving world of cryptocurrency, Visa has emerged as a prominent player. The global payment giant is not just embracing blockchain technology; it’s betting on multiple blockchains to shape the future of payments. Visa’s Head of Crypto…

What Does Ethereum Stand to Gain From Visa Paying Gas Fees?

One of the things that many traders and investors see as a problem when making transactions is gas fees. Especially on the Ethereum network, paying transaction fees can be very stressful. Furthermore, if you are doing something like swaps or…

Fold Joins Forces with Visa in an Exclusive Global Partnership to Boost Bitcoin Rewards

An Exciting Collaboration Promoting Bitcoin Adoption through Innovative Reward Programs Fold, a Bitcoin rewards app, has announced an exclusive global partnership with Visa, the world’s leading payment network. This strategic alliance aims to promote Bitcoin adoption and expand the use…

Reuters news is inaccurate confirms Visa’s, Head of Crypto

Yesterday Feb 28th, 2023 Reuters published an article stating “Visa, Mastercard pause crypto push in wake of industry meltdown” – sources” which was featured by Yahoo News as well. However Visa’s Head of Crypto, Cuy Sheffield confirmed on twitter that…

Stablecoin Settlements Could Surpass Visa and All Major Card Networks In 2023

Stablecoins are extremely important in today’s crypto economy, and despite the recent drop in the broader market, stablecoin volumes continue to dominate most exchanges. $7 Trillion In 2022 According to Coin Metrics data, on-chain stablecoin settlements surpassed $7 trillion in…