Visa explores USDC settlement on Ethereum Visa could soon allow users to settle their high-value USDC payments on Ethereum by enabling them to convert their digital assets to traditional currency. The objective is to replicate the model where foreign currencies are settled, for instance, US Dollar and Euro. The development comes with an objective to meet the demands of its customers, who are requesting to have a mechanism in place to convert digital assets into fiat payments. Per a statement issued by Cuy Sheffield, Visa has been testing to accept settlement payments from the issuer of USDC to the receiver
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Author: coinmaker