{"id":124707,"date":"2020-12-02T20:20:31","date_gmt":"2020-12-02T17:20:31","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership\/"},"modified":"2020-12-02T20:20:31","modified_gmt":"2020-12-02T17:20:31","slug":"visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership\/","title":{"rendered":"# Visa will facilitate USDC payments, thanks to fresh partnership"},"content":{"rendered":"<p>&#8220;<strong># Visa will facilitate USDC payments, thanks to fresh partnership  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTIvY2M2N2UyMWEtNTNlMC00Yzc3LWI4ZjQtZGEwZGQzZDBlNDJmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Visa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards.<\/p>\n<p>\u201cAfter Circle itself graduates from Visa\u2019s Fast Track program, likely sometime next year, Visa will issue a credit card that lets businesses send and receive USDC payments directly from any business using the card,\u201d <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/michaeldelcastillo\/2020\/12\/02\/visa-partners-with-ethereum-digital-dollar-startup-that-raised-271-million\/\">said<\/a> a Forbes article on Wednesday. <\/p>\n<p>Cuy Sheffield, Visa\u2019s head of crypto, told Forbes:<\/p>\n<blockquote><p>\u201cThis will be the first, corporate card that will allow businesses to be able to spend a balance of USDC.\u201d<\/p><\/blockquote>\n<p>Down the road, the collaboration will facilitate USDC transactions between cross-border Visa-friendly companies. The payments giant also\u00a0unveiled a deal with BlockFi on Tuesday that will bring a credit card to market that pays out reward points in Bitcoin (BTC).\u00a0<\/p>\n<p>Twenty-five wallet providers have jumped on the card provider\u2019s Fast Track plan in recent days, setting the stage for Visa\u2019s USDC move, Forbes noted.<\/p>\n<p>Sheffield posited:<\/p>\n<blockquote><p>\u201cWe continue to think of Visa as a network of networks [&#8230;] Blockchain networks and stable coins, like USDC are just additional networks. So we think that there&#8217;s a significant value that Visa can provide to our clients, enabling them to access them and enabling them to spend at our merchants.\u201d<\/p><\/blockquote>\n<p>Crypto adoption has risen significantly in 2020, from PayPal launching digital assets on its platform to large Bitcoin purchases by large mainstream financial players. <\/p>\n<p>Earlier this year, Coinbase gained payment card issuing capabilities through joining Visa\u2019s principal member list. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Visa will facilitate USDC payments, thanks to fresh partnership &#8221; Visa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards. \u201cAfter Circle itself graduates from Visa\u2019s Fast Track program, likely sometime next year, Visa will issue a credit card that lets businesses send&#8230;<\/p>\n","protected":false},"author":1,"featured_media":124708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/cc67e21a-53e0-4c77-b8f4-da0dd3d0e42f.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75936,74889,77456,117,78807],"class_list":["post-124707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-circle","tag-payments","tag-visa","tag-business","tag-credit-cards"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/124707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=124707"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/124707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/124708"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=124707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=124707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=124707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}