Topics

Posted 9/5/2023, 5:40:30 PM

Visa Promises Faster Credit Card Payments With USDC on Solana - Decrypt

Visa is expanding its crypto ambitions by using stablecoin USD Coin and the Solana blockchain to allow merchants to settle transactions with USDC instead of fiat currencies, aiming to improve cross-border settlement speed and provide a modern option for clients to send or receive funds from Visa's treasury.

decrypt.co

Relevant topic timeline:

8/23/2023

Solana Pay integrates plug-in with Shopify for USDC payments

Solana Pay, a decentralized payment protocol built on the Solana blockchain, has integrated with Shopify, allowing businesses on the platform to use it for payments, initially with USDC as the payment option and potential future inclusion of other cryptocurrencies like SOL and BONK; the integration offers fee-free transactions and the ability to set up loyalty programs with ease.

8/23/2023

Visa and PayPal Could Fall Behind Crypto Dollars. Why That Matters.

Cryptocurrencies pegged to the dollar are posing a potential threat to Visa and PayPal, highlighting the potential in digital payments, although this trend is not yet reflected in the stock market.

8/23/2023

USDC to be available on 15 blockchains after adding 6—including Base, Optimism, and Polygon PoS—over next 2 months

Summary: USD Coin (USDC) will be supported on six additional blockchains, including Cosmos, NEAR, Optimism, Polkadot, and Polygon PoS, as Circle aims to boost adoption for the stablecoin and differentiate it from its competitors.

8/23/2023

Digital Dollar Project and Western Union pilot CBDC for cross-border remittances

The Digital Dollar Project collaborated with Western Union on a pilot project exploring the use of central bank digital currencies (CBDCs) for cross-border remittances, revealing several benefits such as reduced counterparty risk and increased accessibility for the unbanked.

8/25/2023

Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify

Summary: Coinbase and Circle have dissolved the Centre Consortium due to regulatory clarity issues surrounding stablecoins, with Coinbase taking an equity stake in Circle and Circle assuming enhanced responsibilities for the USD Coin (USDC) stablecoin; Binance.US partners with MoonPay to use Tether (USDT) as its new "base asset" for transactions, while Binance faces challenges with fiat withdrawals in Europe; Shopify now accepts USDC payments on its platform, and Solana Pay plans to add additional altcoins; China launches a blockchain-powered data exchange with over 300 participating enterprises.

9/1/2023

Solana Could Have Serious Potential in Next Bull Market, According to Coin Bureau’s Guy Turner – Here’s Why - The Daily Hodl

Solana (SOL) has the potential for significant gains in the next bull market, as it competes against other projects in the crypto space, while Binance Coin (BNB) faces uncertainty due to regulatory developments in the United States.

9/5/2023

Solana jumps on Visa stablecoin announcement as bitcoin and other cryptocurrencies remain flat

Visa's announcement of expanding its stablecoin capabilities to the Solana blockchain caused a 5% increase in the value of Solana's sol token, which aims to rival Ethereum due to its speed and cost effectiveness.

9/9/2023

Cardano and Solana Aim to Dethrone Ethereum with Speed and Mobile Focus

Cardano and Solana are two cryptocurrencies that have the potential to surpass Ethereum in the long run, with Cardano's emphasis on decentralized finance and growth in emerging markets, and Solana's focus on mobile crypto and innovative blockchain technology. However, overtaking Ethereum, which has a first-mover advantage and a dominant position, is a challenging task.

9/14/2023

Circle Expands to Asia With Singapore Hub to Bring Stablecoins and Web3 to Region's Payments

Circle, the issuer of the USDC stablecoin, is focusing on Asia as it sees stablecoins as a way to improve cross-border payments for businesses in the region.

9/17/2023

Bitcoin Hits Milestone, Surpasses Visa in Annual Transaction Volume Despite Challenges

Bitcoin's annual transaction volume has surpassed that of Visa, marking a significant milestone for the decentralized cryptocurrency despite some nuances in comparing the two.

Topics

Posted 9/5/2023, 5:40:30 PM

Visa Promises Faster Credit Card Payments With USDC on Solana - Decrypt

decrypt.co

Relevant topic timeline:

8/23/2023

Solana Pay integrates plug-in with Shopify for USDC payments

8/23/2023

Visa and PayPal Could Fall Behind Crypto Dollars. Why That Matters.

Cryptocurrencies pegged to the dollar are posing a potential threat to Visa and PayPal, highlighting the potential in digital payments, although this trend is not yet reflected in the stock market.

8/23/2023

USDC to be available on 15 blockchains after adding 6—including Base, Optimism, and Polygon PoS—over next 2 months

8/23/2023

Digital Dollar Project and Western Union pilot CBDC for cross-border remittances

8/25/2023

Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify

9/1/2023

Solana Could Have Serious Potential in Next Bull Market, According to Coin Bureau’s Guy Turner – Here’s Why - The Daily Hodl

9/5/2023

Solana jumps on Visa stablecoin announcement as bitcoin and other cryptocurrencies remain flat

9/9/2023

Cardano and Solana Aim to Dethrone Ethereum with Speed and Mobile Focus

9/14/2023

Circle Expands to Asia With Singapore Hub to Bring Stablecoins and Web3 to Region's Payments

Circle, the issuer of the USDC stablecoin, is focusing on Asia as it sees stablecoins as a way to improve cross-border payments for businesses in the region.

9/17/2023

Bitcoin Hits Milestone, Surpasses Visa in Annual Transaction Volume Despite Challenges

Bitcoin's annual transaction volume has surpassed that of Visa, marking a significant milestone for the decentralized cryptocurrency despite some nuances in comparing the two.