Visa's cryptocurrency head: Two US banks have already started using USDC to settle transactions on Solana.

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Visa's crypto head reveals two US banks now use USDC on Solana for transaction settlements, part of Visa's broader stablecoin initiatives in global markets.

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SolanaSolana EcosystemLayer 1SEC Security TokenVisaUSDCstablecoinbanking

According to Foresight News , Visa's Head of Crypto, Cuy Sheffield, stated in an interview with Bloomberg, "Currently, two banks in the US have begun using USDC to settle transactions on the Solana platform. Over the past two years, Visa has directly used stablecoins to improve liquidity, with multiple live pilot projects in Africa, Latin America, and Asia, where customers use stablecoins to settle transactions with Visa. We are very pleased to continue the momentum of stablecoin development."

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