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( q+ w" p. g4 L5 t @1 zVisa announced the expansion of its stablecoin settlement capabilities to include the Ethereum and Solana blockchains. The company is partnering with merchant acquirers Worldpay and Nuvei for pilot programs.
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As part of live pilots, Visa has already moved millions of USDC between its partners over the Solana and Ethereum blockchain networks to settle fiat-denominated payments authorized over VisaNet, the payments giant detailed in a press release. / o. S/ \; p- K4 \0 `/ C5 g
$ N$ @; Y) _& r5 `- JCuy Sheffield, Head of Crypto at Visa, stated that the move aims to speed up cross-border settlements and provide a stablecoin payment option for clients. “By leveraging stablecoins like USDC and global blockchain networks like Solana and Ethereum, we’re helping to improve the speed of cross-border settlement and providing a modern option for our clients to easily send or receive funds from Visa’s treasury,” said Sheffield.
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Worldpay and Nuvei are fintech companies serving merchants across various sectors. With Visa’s support, they expect to offer merchants the option to receive payments in stablecoins like USDC. ! D' H- X5 A5 C6 B% \2 S
/ V# X8 j* |% \! c2 R" l( D; U( Z$ \This announcement also marks Visa’s inclusion of Solana as a supported blockchain for settlements, making it one of the first major payment companies to do so.
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" O: a3 L$ t9 B7 \! hCryptocurrency exchanges review: ) b1 V+ q/ k3 K% Z- N/ G: f
, c1 l9 J: r; \" G#1 OKX - 24h Volume: $ 1 097 255 972.
: {9 D: H0 V: b$ Y$ P- r* f3 EOKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States. : p h1 d+ q& ]% w
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#2 ByBit - 24h Volume: $953 436 658. ( `+ `) D& g$ q8 n1 ^, d
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US. ( B% M" x; s4 G; ]& f
2 r4 z4 F6 z0 d9 W0 A: ^5 l#3 Gate.io - 24h Volume: $ 643 886 488. # W+ M$ G6 G& C
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States.
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#4 MEXC - 24h Volume: $ 543 633 048. ) a0 d2 q1 ~1 W c1 ^
MEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange. L6 N8 _; a* ?) n
. ~, S$ T% k$ D/ Q8 D#5 KuCoin - 24h Volume: $ 513 654 331. 4 s: a3 S ~' W+ N8 g
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US. % @3 S( ^% \# F, K/ L
" t" B3 C1 g' }- F6 k7 o#6 Huobi - 24h Volume: $ 358 727 945. ' c9 R. W4 M; C' Q
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US. ( @$ T! u/ ~% J" G! M: C' C+ X9 v
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#7 Bitfinix - 24h Volume: $ 77 428 432.
G: O8 ]1 s8 I" l6 d+ FBitfinex is located in Taipei, T'ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents. 7 z1 K; N) ~1 ]/ b" Q5 j' s" |
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" J. E1 _% n8 j: mMy bitcoin-blog: https://sites.google.com/view/my-crypto-jam/blackrock * f9 z9 w g! n6 A# q$ [
Crypto Review: https://my-crypto-jam.blogspot.com/2023/09/BlackRock.html
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