Visa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards.
“After Circle itself graduates from Visa’s Fast Track program, likely sometime next year, Visa will issue a credit card that lets businesses send and receive USDC payments directly from any business using the card,” said a Forbes article on Wednesday.
Down the road, the collaboration will facilitate USDC transactions between cross-border Visa-friendly companies. The payments giant also unveiled a deal with BlockFi on Tuesday that will bring a credit card to market that pays out reward points in Bitcoin (BTC).
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