Visa opens stablecoin payments in the US with USDC on Solana.

This article is machine translated
Show original

Visa has officially launched stablecoin payment services in the US, demonstrating the growing interest of financial institutions in blockchain-based payment infrastructure.

According to an announcement on Tuesday, Visa will allow U.S. financial institutions to use Circle 's USDC to process back-end payments on its Solana network. Cross River Bank and Lead Bank (backed by a16z ) are among the first to join. The service is expected to continue expanding throughout 2026.

Visa stated that this move stems from the real needs of its banking partners, who are not only exploring but also ready to implement stablecoins in their operations. Financial institutions are seeking faster, programmable payment solutions that integrate seamlessly with existing treasury management systems, while still ensuring standards of security, compliance, and stability.

This is the latest step in Visa's chain of initiatives related to stablecoins. Previously, Visa launched a stablecoin advisory service for banks and businesses, implemented payments to content creators using USDC , and expanded on-chain payment trials in multiple regions.

Additionally, Visa is also a design partner for Circle 's Layer 1 Arc blockchain, which is expected to be used for USDC payments and to operate the validation node when Arc officially launches.

Follow CoinMoi to stay updated on the hottest issues in the crypto market. Okay!!!

The article Visa opens stablecoin payments in the US with USDC on Solana first appeared on CoinMoi .

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
71
Add to Favorites
11
Comments