Visa announced its next steps in modernizing cross-border money movement on September 5 by extending its stablecoin settlement capabilities to the Solana blockchain.
In doing this, Visa is working directly with merchant acquirers Worldpay and Nuvei to enhance the efficiency and speed of settlement processes for merchants worldwide to help optimize the often unseen process of transferring funds between banks – specifically, from the issuer’s bank to the acquirer’s bank.
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