TechFlow news: Cuy Sheffield, head of Visa's crypto division, said at StarkWare Sessions 2023 that the company has been testing how to practically accept USDC settlement payments initiated by issuers on Ethereum and make USDC payments on Ethereum, all involving large-value settlements.
Visa has been exploring ways to incorporate blockchain technology into its existing network for faster fund transfers. However, settlements are currently still conducted via the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system, which cannot meet Visa's settlement requirements. Original link




