Visa now settles payments in USDC stablecoin on Ethereum blockchain

Visa now settles payments in USDC stablecoin on Ethereum blockchain(theblockcrypto.com)

22 points by gge 5 years ago | 4 comments

jl2718 5 years ago |

Great idea. Only $30 processing fee.

jtsiskin 5 years ago | |

The settlement will be batched daily, possibly longer. Any crypto processing fees will be massively dwarfed by the interchange fee, so much so as to not even be worth thinking about.

jl2718 5 years ago | | |

I think the article is saying that Crypto.com now pays their interchange bill with USDC. Nothing about the actual card payments.

gge 5 years ago | |

Settlement != payment