@CoinDesk :
@Visa stablecoin settlement hits a $20B yearly pace, up 15x
This morning @CoinDesk :
@Visa stablecoin settlement at a $20B yearly pace, up 15x. This afternoon
@creditcoop_xyz : onchain credit for those card programs.
Visa is the card network. This morning @CoinDesk said its stablecoin settlement, paying Visa in dollar tokens instead of a weekday wire, is running at a $20 billion yearly pace, more than 15 times last year.
- This morning
@CoinDesk :
@Visa said stablecoin settlement is running at a $20 billion yearly pace, up more than 15x. More than 160 stablecoin-linked card programs are live, with payment volume up nearly 200%.
- This afternoon
@creditcoop_xyz :
@Visa put onchain credit into those programs. A dollar-token revolving line funds daily settlement before they collect. $2.5B since 2023, zero defaults. Some borrowing costs down 30%.
- This morning
@Cointelegraph :
@UBS and eight other Swiss firms have begun testing CHFD, a Swiss franc token.
@sygnumofficial is among them. Nine firms, through year-end. Not a public launch.
- This morning
@TheBlockCo : Hong Kong-listed Boyaa Interactive added 115 bitcoin, about $9 million, bringing its total to 4,316 bitcoin. Bitcoin Treasuries data: the world's 22nd-largest public-company holder.
Receipts @CoinDesk @CoinDesk: Visa stablecoin settlement $20B
@creditcoop_xyz @creditcoop_xyz: onchain credit on VisaNet
@Cointelegraph @Cointelegraph: UBS and eight Swiss firms test CHFD
