EFFICIENT CONSENSUS ALGORITHM

Last updated: June 17, 2025, 21:57  |  Written by: Emin Gün Sirer

Efficient Consensus Algorithm
Efficient Consensus Algorithm

In

Visa is extending a stablecoin experiment to include new partners, including the blockchain Solana as well as merchant processors Worldpay and Nuvei, the card network company said

In 2025, Visa became one of the first major payments networks to settle transactions in stablecoin when we piloted enabling clients to fulfill their settlement obligations

Through live pilots with issuers and acquirers, Visa has already moved millions of USDC between its partners over the Solana and Ethereum blockchain networks to

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Visa’s role in stablecoins

To Overcome This Barrier

Visa’s recent proposal highlighted that by using Ethereum crypto wallets, users can “pull” funds without the need to manually sign off every transaction. So, this means

Visa Is 'Testing' Stablecoin Payments on Ethereum - Watcher Guru

To overcome this barrier, VISA has tested the feasibility of accepting settlement payments made using stablecoins on the Ethereum blockchain. The crypto division

Emin Gün Sirer can be reached at [email protected].

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