List of Flash News about merchant acquirers
Time | Details |
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2025-09-09 21:45 |
Visa Uses USDC Stablecoins on Solana and Ethereum for Merchant Settlement — Faster Cross-Border Payments and Trading Implications for SOL, ETH
According to the source, Visa already uses USDC stablecoins to settle with merchant acquirers and expanded support to Solana and Ethereum to enable faster on-chain settlement; source: Visa Newsroom, Sep 5, 2023. The program involves partners Worldpay and Nuvei to facilitate USDC settlement for merchants alongside traditional rails; sources: Visa Newsroom, Sep 5, 2023; Circle Blog, Sep 5, 2023. Visa frames stablecoin settlement as improving speed and lowering costs versus legacy cross-border processes; source: Visa Newsroom, Sep 5, 2023. This connects card payment flows to USDC liquidity on Solana (SOL) and Ethereum (ETH), a relevant factor for monitoring on-chain activity and liquidity conditions; source: Circle Blog, Sep 5, 2023. |