Visa's stablecoin settlement pilot has achieved an annualized volume of $3.5 billion, marking significant progress in its collaboration with partners like Circle. The program enables U.S. issuing and acquiring banks to settle transactions around the clock, enhancing the efficiency of real-time payments. Jack Forestell, Visa’s head of product and strategy, highlighted the seamless integration with existing banking systems as a key factor in the pilot's growing traction.
Visa's Stablecoin Settlement Pilot Reaches $3.5 Billion Annualized Volume
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