News > Now Visa Allows Payments To Settle Fiat Transactions With Bitcoin

Now Visa Allows Payments To Settle Fiat Transactions With Bitcoin

Good Returns | 29/03/2021 04:17 PM | Click to read full article

Visa, a major credit card company, is testing a programme that will enable its partners to settle fiat transactions using the Ethereum (ETH) blockchain.

Visa has confirmed that it has approved the first settlement payment in USDC, a cryptocurrency that is 1:1 pegged to the US dollar, from its global crypto wallet partner Crypto.com through the Ethereum blockchain.