Dicas úteis

Visa and USDC Stablecoin

More and more opportunities down the road

On Monday Visa announced that it now makes payments in the USDC (USD Coin) on the Ethereum blockchain. As appeared, Visa is now considered as the first major payments network with Stablecoin as a settlement currency, though previously settling payments in fiat currencies only.

Now, the company’s working with Crypto.com which manages its business in digital assets. For Crypto.com, it means that it can send USDC directly to Visa. For instance, if a Crypto.com customer holds USDC in their wallet and makes a card transaction, Crypto.com doesn’t have to first convert USDC tokens to USD.

“This development marks a key milestone in our ability to meet the needs of fintech companies managing their business in stablecoins or another cryptocurrency,” highlighted Visa’s chief product officer Jack Forestell. Crypto.com co-founder and CEO Kris Marszalek marked that “this new direction is supposed to result in securely easing payments in different currencies all over the world and enable millions of consumers to access and use digital currencies.

One more figure playing an important role in this project is digital asset bank Anchorage so Crypto.com sends USDC to Visa’s Ethereum address at Anchorage. Thanks to a partnership with Anchorage, Visa is adding support for its first digital currency. Diogo Mónica, co-founder and president of Anchorage recently said that “linking Visa’s treasury with Anchorage’s custody platform would give the next generation of crypto native issuers the option to directly settle with Visa in a digital currency over a public blockchain."

Visa said the new service is "one small step forward" for its settlement platform, but "one giant step forward" to integrate digital assets. In the year ahead, the company is going to launch the USDC settlement capability for other partners as well and cooperate with CBDCs (Central Bank Digital Currencies). Finally, Visa aims to cover Bitcoin and other cryptocurrencies along with Stablecoin.

Publicados: 13.04.2021

#BTC #cryptocurrency #fintech

Adicionado Recentemente

DICAS ÚTEIS

Mais rápido e estável: CryptoTab Farm atualizado

Permita-nos anunciar: acabamos de melhorar o CryptoTab Farm, portanto o gerenciamento da fazenda em seu smartphone ficou mais simples, mais conveniente e mais intuitivo.

DICAS ÚTEIS

Expansão das fazendas de mineração de criptomoedas ao redor do globo

As Fazendas de Criptomoedas se destacam nas manchetes a cada semana, e o interesse por mineração explodiu. Enquanto isso, certas empresas se inclinam para a construção de suas próprias fazendas de mineração e buscam lucros maiores. Vamos dar uma olhada em algumas das grandes fazendas de criptomoedas e focar nas tendências recentes.

Notícias da indústria

Why now’s the best time to start crypto mining

In May 2021, a massive cryptocurrency crackdown happened in China: the government banned cryptocurrency mining in four major provinces. The clampdown led to the forced relocation of a solid number of both Chinese and international digital assets companies and brought about a drop in the bitcoin hash rate by more than 50%. The Chinese government's ultimate ban on financial institutions, including banks and online payment channels for applying cryptocurrency, then echoed around the world and hit the news reports of multiple crypto websites. According to Kevin Zhang, Vice President of Business Development at Chinese crypto company Foundry, by the end of June 2021, about 90% of Chinese miners were forced to completely stop mining digital assets.