Historical passage to Visa, which announced the adoption of the stablecoin cryptocurrency Usd Coin, anchored to the US dollar. This is the last sign of the growing acceptance of cryptocurrencies by the mainstream financial sector.

The company has told Reuters that it has launched the pilot program with the Crypto.com payment and encryption platform, and plans to offer the option to multiple partners by the end of the year

Lupin (USDC) is a stablecoin cryptocurrency whose value is anchored directly to the US dollar. Visa’s move comes when financial companies, including BNY Mellon, BlackRock Inc and Mastercard Inc, take steps to make greater use of cryptocurrencies for investment and payment purposes.

This is a turning point for cryptocurrencies: only a few days ago it was Elon Musk, Ceo of Tesla, who announced that customers can buy his electric vehicles with bitcoin, hoping to encourage a more daily use of currency

Cuy Sheffield, head of crypto of Visa said that the company is seeing growing demand from consumers around the world to access, hold and use digital currencies.

The company is also assisting its customers to be able to create products that provide such access to consumers.

Normally, if a customer chooses to use a Visa Crypto.com card to pay for a coffee, the digital currency contained in a cryptocurrency portfolio must be converted into traditional money.

The cryptocurrency portfolio will deposit the traditional currency in a bank account, to be connected to Visa at the end of the day to settle any transactions, adding costs and complexity for companies.

The last step of Visa, which will use the Ethereum blockchain, eliminates the need to convert digital currency into traditional currency so that the transaction can be settled.

Visa claimed to have collaborated with the Anchorage digital asset bank and completed its first transaction this month, with Crypto.com sending USDC to Visa’s Ethereum address in Anchorage.

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