Visa and Crypto.com Conducted First Test Transaction in USDC
The operator of bank cards Visa, together with Crypto.com, launched a pilot program to conduct international transactions using the USDC stablecoin on its network. The partners have already completed the first test transaction in USDC: Hong Kong-based payment company Crypto.com has sent tokens to the Visa address through the custodian company Anchorage. Visa said that cryptocurrency payments are usually converted to fiat currencies when making payments, which implies certain complications and costs. The new service,…
