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, I* l; H2 j! q6 ?7 tVisa 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. 2 I. a3 \* Q6 r2 Z; G
# O0 M/ q4 N* z4 \/ d {- lAs 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.
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5 J. h. `5 v e1 Z% ECuy 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. / A, {1 F6 T$ V7 J" B3 E+ w, v6 n
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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. * ]! `; Q3 h3 [' c- O, Q4 o* X O( ]
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4 M/ u# W8 w3 ?. n7 vCryptocurrency exchanges review:
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( F6 _( F" d! M1 j- F/ M1 u#1 OKX - 24h Volume: $ 1 097 255 972. 5 p: D* t6 _5 m2 \
OKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
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#2 ByBit - 24h Volume: $953 436 658. ; B# W, J- e1 n7 M' K
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US.
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+ I$ B x6 O% N, m#3 Gate.io - 24h Volume: $ 643 886 488. / o" H$ _7 Q5 E
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States. 2 F3 Z! a, e- c" B% |# |( i4 W3 N
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#4 MEXC - 24h Volume: $ 543 633 048.
8 R2 t& Y4 B$ V1 W6 x0 c2 U. DMEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange. 4 }3 O' f5 q* @
4 z; K0 q# B" n# O9 n. }$ j5 @#5 KuCoin - 24h Volume: $ 513 654 331. : h( ~$ \8 T( _# A& u
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
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#6 Huobi - 24h Volume: $ 358 727 945. # g, i. O+ {9 y4 V% l
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US. 4 W# H2 |" U& r5 ^
1 x+ p8 z2 l3 s' N5 \#7 Bitfinix - 24h Volume: $ 77 428 432.
$ a: z! @$ [3 k! BBitfinex is located in Taipei, T'ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
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My bitcoin-blog: https://sites.google.com/view/my-crypto-jam/blackrock
* t+ k9 _4 u2 { }$ ^. S* KCrypto Review: https://my-crypto-jam.blogspot.com/2023/09/BlackRock.html
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