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Visa allows payment settlement using cryptocurrency

Date: 31 March 2021 Tags: Miscellaneous
  • Visa Inc. has said it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network.
  • The company has launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year.
  • Bitcoin, the most popular crypto coin, jumped to a one-week high on the news, rising as much as 4.5% to $58,300 and heading back toward a record-high above $61,000 hit earlier this month.