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Visa Just Supercharged Stablecoin Legitimacy

Visa officially enables USDC as a native currency and means of settlement.

Listen on:

On this episode

Visa officially enables USDC as a native currency and means of settlement.

This episode is sponsored by Nexo.io and Casper.

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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