VISA

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Visa Enables USDC Settlements, Ignoring Complex Tax Reporting Rules

VISA will allow U.S. card issuers to settle transactions directly with Visa using Circle USD (USDC), a stablecoin.Financial institutions receiving USDC must maintain detailed...
Pavlos Giorkas -
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Emurgo and Wirex Launch Cardano Visa Card for Crypto Payments

Emurgo and Wirex have partnered to launch a physical VISA card supporting Cardano and other cryptocurrencies.The Cardano Card was introduced at the Cardano Summit...
Pavlos Giorkas -
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Visa pilots stablecoin payouts for faster global freelancer payments

VISA is testing direct payment to stablecoin wallets for businesses to pay freelancers and gig workers.The system uses dollar-backed stablecoins like Circle Internet’s USDC...
Pavlos Giorkas -
News

Mastercard and Visa Lead Institutional Push Into Stablecoins and Crypto

Mastercard is close to acquiring the stablecoin platform Zerohash for nearly $2 billion.VISA supports stablecoin payments on four blockchains and has facilitated $140 billion...
Pavlos Giorkas -
News

Visa tests stablecoin pre-funding for faster cross-border payments

VISA has launched a pilot program for banks and financial institutions to use stablecoins for pre-funding cross-border payments.The pilot allows select partners to send...
Pavlos Giorkas -
News

Visa-Backed Rain Raises $58M to Expand Stablecoin Card Platform

Rain, a stablecoin fintech firm, secured $58 million in Series B funding. The company has now raised a total of $88.5 million, with VISA among...
Pavlos Giorkas -
News

Visa Expands Stablecoin Support, Adds EURC, PYUSD, and USDG

VISA has expanded its stablecoin settlement support to include Global Dollar (USDG), Paypal USD (PYUSD), and Euro Coin (EURC), as well as two new...
Pavlos Giorkas -
News

UAE Denies TON’s Golden Visa Offer for $100K Staked Toncoin

The Open Network (TON) announced a program offering 10-year UAE Golden Visas to applicants who stake $100,000 in Toncoin for three years and pay...
Pavlos Giorkas -
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Crypto.com Shuts Hong Kong App, Eyes Institutional Exchange

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Kim Yo Jong denies North Korea behind Binance hack, hints US

Kim Yo Jong denied North Korea's involvement in the $6.3 billion Binance hack and rejected the FBI's attribution of...