Visa Just Supercharged Stablecoin Legitimacy
Visa officially enables USDC as a native currency and means of settlement.
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Visa officially enables USDC as a native currency and means of settlement.
Today’s episode of “The Breakdown” is an extended brief with five different topics:
- NFTs make it to “SNL”
- “Green” bitcoin mining
- Square’s CFO thinks all companies should hold bitcoin in their treasuries
- Crypto M&A doubles in 2020
- Visa announces USDC as settlement currency
Ultimately, NLW argues that while non-fungible tokens are showing up in pop culture, the Visa deal reinforces the notion that this crypto bull market is being driven by large-scale institutional engagement.
Image credit: Ihor Reshetniak/iStock/Getty Images Plus, modified by CoinDesk
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