Visa, one of the world’s largest credit card issuers, is taking a step into the world of blockchain technology. The company is using the power of Solana and USDC to settle payments with its partners, Worldpay and Nuvei. This move is expected to drastically reduce the time and complexity associated with exchange and transfer processes that used to take days. Visa is also extending this transformation to major players like Worldpay and Nuvei. These acquirers are the payment intermediaries for merchants accepting credit cards and will now become part of Visa’s USDC ecosystem. USDC is an integral part of this story, and blockchains like Solana are the glue holding this network together. Solana boasts lightning-fast block intervals of 400 milliseconds and a capacity to handle 400-2,000 transactions per second. Visa’s journey into the blockchain world is only just beginning, and the financial landscape may never be the same again.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	10
People	Cuy Sheffield, Nuvei, Worldpay
Companies	Nuvei, Solana, Visa, Ethereum, Worldpay
Currencies	nuvei, Solana, USD Coin, Ethereum, Bitcoin
Securities	None