Visa now settles payments in USDC stablecoin on Ethereum blockchain (opens in new tab)

(theblockcrypto.com)

22 pointsgge5y ago4 comments

4 comments

4 comments · 1 top-level

jl27185y ago· 3 in thread

Great idea. Only $30 processing fee.

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.

jl27185y ago

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

ggeOP5y ago

Settlement != payment

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