Moving Money 24/7 Across Institutions: Visa Head Of Crypto

Core Insights - Visa will enable US institutions to settle transactions using Circle's USDC token on the Solana blockchain, indicating a significant shift towards blockchain technology in financial transactions [1] Group 1: Visa's Strategic Move - The integration of USDC token for transaction settlements reflects Visa's commitment to embracing cryptocurrency and blockchain solutions [1] - Cuy Sheffield, Head of Crypto at Visa, highlighted the growing demand from global clients for stablecoin usage, suggesting a trend towards digital currencies in mainstream finance [1] Group 2: On-Chain Settlement - On-chain settlement is already operational and expanding, showcasing the potential for increased efficiency in transaction processing [1] - The discussion on "Bloomberg Markets" emphasizes the importance of adapting to evolving financial technologies to meet client needs [1]