Visa officially announces support for institutions to settle in USDC on the Solana chain, further advancing payment innovation

robot
Abstract generation in progress

【Blockchain Rhythms】There’s an interesting development. Visa recently announced that institutional investors in the US can now settle transactions directly on the Solana chain using USDC. Cross River Bank and Lead Bank have become pioneers in this space.

The logic behind this isn’t complicated—Visa has deepened its partnership with Circle. Since the Arc network is about to launch, Visa has also expressed full support. In other words, the path of stablecoin payments from Solana to Arc is gradually being paved by traditional financial institutions.

What does this mean for institutions? Previously, on-chain settlements either relied on DEXs or required finding liquidity themselves. Now, with the backing of payment giants like Visa, transaction certainty and liquidity are both improved. As a mainstream stablecoin, USDC’s position in this ecosystem will become more stable. Solana, as the underlying network, also gains support from more institutional-grade applications.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
Hash_Banditvip
· 2h ago
ngl, visa stepping in with actual institutional settlement rails is the kind of infrastructure play that actually moves needles. been through enough cycles to know when trad finance stops cosplaying and gets serious... this feels like the latter.
Reply0
ser_we_are_ngmivip
· 10h ago
Large institutions are starting to engage in on-chain settlement. Visa's move is indeed bold, giving the Solana ecosystem a strong boost.
View OriginalReply0
CryptoPhoenixvip
· 12-16 12:40
Nirvana rebirth, with traditional financial giants entering the scene—this is true value return. Wait, Visa endorses USDC? Stay calm and steady, don’t fall for short-term speculation again. Institutional liquidity is flowing in; those who should have started bottom-fishing in the lower range should have already taken action.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)