crypto exchangeVisa: Plans to test whether stablecoin settlement on Solana can meet the...

Visa: Plans to test whether stablecoin settlement on Solana can meet the needs of modern corporate financial operations

According to news on September 14, Visa released a research report titled “In-depth Study of High-Performance Blockchain Network Solana. The report stated that Solana‘s unique technical advantages include high throughput of parallel processing, low cost of localization fee market and The large number of nodes and high resiliency of multi-node clients, together create a scalable blockchain platform with a compelling value proposition for payments. These are part of Visa’s decision to expand the stablecoin settlement pilot to include transactions on the Solana network. reason. As Visa pilots stablecoin settlement capabilities on Solana, we plan to test Solana’s ability to meet the needs of modern enterprise financial operations.

Previous reports stated that on September 5, Visa will begin sending USDC to specific merchants through the Solana blockchain in a newly announced pilot. To enable consumers to pay merchants using cryptocurrencies

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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