Visa May Support USDC Credit Card After Adding Circle to ‘Fast Track’ Program
Visa is linking its payments network of 60 million merchants to the USDC stablecoin, according to Forbes.
Traditional savings groups in Nigeria are looking at dollar-pegged stablecoins as a tool to protect their savings from local inflation.
Buying in these stablecoins may foretell where the crypto market is going.
The pilot marks the first time Visa has accepted a cryptocurrency payment in lieu of cash for its services.
As the crypto market continues to rally, an old debate reignites on whether the most important stablecoin in trading is really stable.
Bitcoin is now solidly above $20,000 and a short supply and rising demand could push the price higher.