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TechFlow, Dec 16 — According to Bloomberg, global payments giant Visa Inc. announced it is opening its stablecoin settlement service to U.S. networks, allowing U.S. financial institutions to use Circle Internet Group Inc.'s USDC token for transaction settlements via the Solana blockchain. Cross River Bank and Lead Bank are the first institutions to adopt this service.
According to Bloomberg, global payments giant Visa Inc. announced the opening of its stablecoin settlement service to U.S. networks, allowing U.S. financial institutions to use Circle Internet Group Inc.'s USDC token for transaction settlements via the Solana blockchain. Cross River Bank and Lead Bank became the first institutions to adopt this service.
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