{"id":120983,"date":"2021-03-29T09:22:31","date_gmt":"2021-03-29T16:22:31","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2021\/03\/visa-will-allow-the-use-of-a-dollar-backed-cryptocurrency-to-settle-payment-transactions-on-its-network"},"modified":"2021-03-29T09:22:31","modified_gmt":"2021-03-29T16:22:31","slug":"visa-will-allow-the-use-of-a-dollar-backed-cryptocurrency-to-settle-payment-transactions-on-its-network","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2021\/03\/visa-will-allow-the-use-of-a-dollar-backed-cryptocurrency-to-settle-payment-transactions-on-its-network","title":{"rendered":"Visa will allow the use of a dollar-backed cryptocurrency to settle payment transactions on its network"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/visa-will-allow-the-use-of-a-dollar-backed-cryptocurrency-to-settle-payment-transactions-on-its-network.jpg\"><\/a><\/p>\n<p>US payments firm <a href=\"https:\/\/markets.businessinsider.com\/stocks\/v-stock?utm_source=markets&utm_medium=ingest\" target=\"_blank\">Visa<\/a> <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210329005171\/en\/Visa-Becomes-First-Major-Payments-Network-to-Settle-Transactions-in-USD-Coin-USDC\" target=\"_blank\">announced Monday<\/a> that it will enable the use of USD Coin to settle payment transactions on its platform.<\/p>\n<p>Visa piloted the payment option via payment platform <a href=\"http:\/\/Crypto.com\">Crypto.com<\/a>, and plans to allow more partners the same route later this year.<\/p>\n<p>\u201cCrypto-native fintechs want partners who understand their business and the complexities of digital currency form factors,\u201d Jack Forestell, Visa\u2019s executive vice president and chief product officer, said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US payments firm Visa announced Monday that it will enable the use of USD Coin to settle payment transactions on its platform. Visa piloted the payment option via payment platform Crypto.com, and plans to allow more partners the same route later this year. \u201cCrypto-native fintechs want partners who understand their business and the complexities of [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,1761],"tags":[],"class_list":["post-120983","post","type-post","status-publish","format-standard","hentry","category-business","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/120983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=120983"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/120983\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=120983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=120983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=120983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}