Visa is opening its US payments network to stablecoin settlement, letting American banks and fintechs settle card transactions in Circle’s USDC over the Solana blockchain instead of only using traditional wire transfers. Cross River Bank and Lead Bank are the first institutions live on the system, with wider rollout planned through 2026, and Visa will also support Circle’s high-speed Arc blockchain as a design partner once it launches.
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A special purpose acquisition company (SPAC) linked to the crypto exchange Kraken is exploring potential…
