Visa Confirms Shift to Ethereum for Stablecoin Settlements in Major Blockchain Push

TechStory

"In a bold move that bridges traditional banks and the decentralized web, Visa has made an announcement regarding its intention to further use the Ethereum network to facilitate the settlement of stablecoins. The payments giant, which processes trillions of dollars annually, is now actively utilizing the world’s most active smart contract blockchain to settle fiat-denominated obligations, signaling that public blockchains have finally graduated from “experimental” to “essential” infrastructure for global finance."