Breaking News: VISA accepts Ethereum USDC for settlements, partners with CRO, Bitcoin rises to the $58,000 level
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According to Reuters exclusive report, VISA has announced that it will allow the use of the cryptocurrency USD Coin (USDC) to settle transactions on its payment network. It is reported that Crypto.com (CRO) has already partnered with VISA to launch a pilot program.
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USDC Usage Gap Remains Significant
When ranked by market capitalization, USDC comes in second place among stablecoins, but the gap between it and the first-place USDT is substantial.
Furthermore, in terms of trading volume representing usage, USDT dominates by a large margin. The green portion in the image below represents USDT, while the blue portion represents USDC:
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