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Visa Expands US Settlement Rails With USDC for Institutional Payments

Visa said on Tuesday that it has launched stablecoin settlement capabilities in the United States, allowing select issuer and acquirer partners to settle obligations using Circle's dollar-pegged USDC. Visa Adds Stablecoin Settlement Option for U.S. Banking Partners Visa's latest move marks the first time U.S.-based financial institutions can settle directly with the payments network using [...]

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