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Visa (NYSE: V) says it is modernizing cross-border money movement as it improves its stablecoin settlement capabilities with the Solana blockchain. Simultaneoulsy, Visa reports that it is working with merchant acquirers Worldpay and Nuvei.

Visa recently announced its initiative to experiment with USDC settlement payments via the Solana blockchain. In a press release, Visa claimed it would allow USDC settlement payments through the Solana blockchain on Sept.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Greg Moritz, co-founder and COO at crypto hedge fund AltTab Capital, weighs in on the implications of Grayscale winning its court battle against the SEC and price movement following the decision.

Visa's new pilot program uses Solana's high-speed blockchain for sending and receiving USDC.

The payments giant doesn't seem to be slowing down with its crypto ambitions.

The Boston-based stablecoin issuer previously unveiled a plan to roll out USDC on six blockchain networks, including Polygon PoS. Users of Base, a Coinbase-incubated decentralized network, can now access native USDC and USDC liquidity on the layer-2 blockchain.

Circle's USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time.

Global payments giant Visa has announced its latest move to modernize cross-border financial transactions. What Is USD Coin (USDC)? USDC, or USD Coin, is a type of stablecoin that is pegged to the U.S. dollar. Each USDC token is meant to be equivalent to one U.S. dollar, held in reserve by regulated financial institutions.

Payment giant Visa has broadened its USD Coin (USDC) settlement capacities to the Solana (SOL) blockchain while collaborating with merchant acquirers Worldpay and Nuvei, according to a Sept. 5 statement.

The company said it is one of the first major payment institutions to use directly the Solana network for settlements.

Visa is expanding its capabilities for digital currency settlement, according to a September 5 announcement. The payments giant will now utilize the dollar-pegged stablecoin USDC and blockchain networks like Solana for faster cross-border payments.

Stablecoin issuer Circle deployed its dollar-backed stablecoin, USDC, on Layer 2 networks OP Mainnet and Base.

The global payments firm has expanded its stablecoin settlement capability to include USDC tokens issued on the Solana blockchain.

Earlier today on Tuesday, September 5, payments giant VISA announced that it's expanding its USDC settlement pilot to the Solana blockchain network. VISA believes that Solana will help them achieve enterprise-grade throughput at virtually zero cost for all Visa issuers and merchant acquirers on Solana.

Circle has officially launched its native USDC token on the OP mainnet.

According to a press-release published by Business Wire, global payments behemoth Visa steps up to continue its experiments with crypto. This time, it intends to expand stablecoin settlement capabilities using USDC dollar-pegged stablecoin and use the Solana blockchain to begin pilot programs with merchant acquirers – Worldpay and Nuvei.

USDC stablecoin issuer Circle is likely set to make a big announcement soon following the recent revelation that US-based crypto exchange Coinbase acquired a stake in the company. The deal announcement came at a crucial time when the US lawmakers are working on a bill to regulate the stablecoin market.

Welcome to Latam Insights, a compendium of Latin America's most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to Chile, and Binance launches a Latam-focused remittance solution.

In a groundbreaking development that promises to reshape the landscape of digital finance, cryptocurrency pioneer Circle has unveiled its revolutionary stablecoin, USDC. As the global leader in financial technology, Circle has harnessed the power of blockchain technology to deliver a seamless and secure solution for transferring funds between traditional banking systems and the world of blockchain-based finance.

Uniswap Labs has launched a Bug Bounty Program to encourage ethical hackers and security researchers to report vulnerabilities in its contracts. Successful disclosures can earn rewards of up to 2,250,000 USDC, targeting Universal Router Contract Code, Permit2 Contract Code, V3 Contract Code, and UniswapX Contract Code.

Circle, the creator of USDC stablecoin, is expanding its reach to six new blockchain ecosystems, including Base, Cosmos via Noble, NEAR, Optimism, and Polkadot, solidifying its market leadership.

USDC issued by Circle will reportedly be “native to OP Mainnet and can be considered the official form of USDC for the ecosystem.” Over time, native USDC liquidity may “grow and replace the currently circulating bridged USDC liquidity that comes from Ethereum.

For most of 2022, USDC was close to catching its rival Tether. But that figure has been shrinking—and fast.

In a groundbreaking move set to reshape the landscape of Ethereum's Layer 2 ecosystem, Circle, a pioneering blockchain startup, has joined forces with the Optimism network to unveil a native version of the popular USDC stablecoin. This partnership signals a significant step forward for both projects, promising enhanced scalability and liquidity while captivating a diverse community of users.