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Circle reinforces its global presence by amplifying USDC's footprint in the burgeoning Asian and Latin American markets.

Legend Trading serves over 800 institutions, processes more than $1 billion a month, and aims to bring USDC to its clients.

Visa will now use payment processors to facilitate cross border transactions via the USDC stablecoin on Solana Pay.

Circle said that businesses and institutions can access on/off-ramps for $USDC to OP Mainnet and Base through Circle Account.

Circle's USDC stablecoin has expanded to Layer 2 networks Optimism and Base. With 4 more blockchain expansions to come, Circle seeks to increase USDC's declining market share.

Native USDC (USD Coin) is now effortlessly accessible on the Base network, eliminating the need for complex bridging processes.

Visa is strengthening its embrace of cryptocurrencies by expanding support for USDC stablecoin settlements on the high-speed Solana blockchain network. On Tuesday, Visa announced it was one of the first major financial institutions to leverage Solana for scaling stablecoin settlements. The move builds on previous USDC integrations by Visa on Ethereum.

In a strategic move to bolster its market presence, USD Coin (USDC) has launched natively on both the Base and Optimism networks. The announcement came on September 5, marking a significant milestone for Circle, the company behind USDC, seeking to regain market share lost to competitors like Tether (USDT).

Visa, the payments giant known for its global financial services, has taken a significant step into the cryptocurrency world by integrating the Solana blockchain into its USDC stablecoin settlement infrastructure.

Visa has moved millions of USDC between its partners over Solana and Ethereum to settle fiat-denominated payments

Payments giant Visa announced plans to expand its stablecoin settlement capabilities by utilizing the Solana blockchain.

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.