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
Avalanche Card allows users to spend USDC, USDT, wAVAX, and AVAX anywhere in the globe without having to convert them. The Visa-backed card simplifies crypto payments for in-person and online shopping. Avalanche Foundation and Rain launched the Avalanche Card, a digital and physical Visa-accepted payment card that allows users to…