Visa becomes first major payments network to support USDC coin
Traditional financial institutions are venturing into the cryptocurrency market, and no one wants to be left behind. The institutions are adopting various cryptocurrency and blockchain technologies to ensure they cater to the emerging market and its millions of customers. Visa is making such strides, and it has just supported USDC coin on its payment network.
Visa to settle transactions in USDC coin
Visa has become the first leading payments network to adopt USDC coin and will settle transactions with the stablecoins. The company aims to forge new connections between digital and traditional currencies via the use of the stablecoin.In a press release earlier today, the payments company stated that it is bridging the worlds of digital and fiat currencies: the use of USDC, a stablecoin backed by the USD, to settle a transaction with Visa over Ethereum. Visa added that it is piloting it with Crypto.com, a Visa partner and one of the world's largest crypto platforms. The company intends to expand the capability to more Visa partners later this year.
David Puth, CEO of Centre, which handles the licensing of USDC, is excited by this latest development. He stated that "Visa is leading the market with its innovative approach to payments in many forms. We are very impressed with their efforts. Having USDC on the Visa network is an outstanding next step in our mission to connect the world using stablecoins built on Centre standards, starting with USDC."
Jack Forestell, Visa's executive VP and chief product officer, said today's news places Visa as a company that addresses the needs of fintechs managing their business using stablecoin or cryptocurrency.
Crypto community excited by Visa's move
The cryptocurrency community became excited following the news of Visa using the USDC stablecoin to settle payments on its network. Jeremy Allaire, the co-founder and chief executive of Circle (the issuer of USDC), tweeted about this, stating that it is a major turning point in mainstream adoption of crypto.He explained what Visa's adoption means to cryptocurrency users, stating that "A customer who has USDC in a wallet, and a card attached to their wallet (there are now dozens of these) can spend at any Visa accepting merchant, and the USDC is used to settle the transaction with Visa instead of the legacy banking system."
The deal is also beneficial to Visa as it allows them to get their money as fast as a blockchain moves funds. The company will enjoy this without reversal risk and time delays and costs of SWIFT, ACH, and others.
Continue reading by joining Cryptonary Pro
$1,548 $997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
24/7 access to experts with 50+ years’ experience Terms
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
