Mentioned Companies:

Visa Pilots Stablecoin Transactions with Ethereum and

Last month, Visa used its network to receive settlement in stablecoins from for payments at merchants that cardholders made using stablecoins. Cryptocurrencies called stablecoins are backed by fiat currencies on a one-to-one basis. In this case, one U.S. digital currency (USDC) stablecoin equaled one U.S. dollar. Visa worked with digital asset custodian bank Anchorage to facilitate settlement over the Ethereum blockchain. Stablecoins can be tied to any fiat currency and do not present the potential volatility in value found in Bitcoin and other cryptocurrencies. Con...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


April 2021
Headlines in this Issue
Charts in this Issue

Canada Card Networks and Issuers

Canada’s Market Shares of Visa and Mastercard Outstandings 2020

Canada Spending, Transactions, and Cards by Brand

Credit Card Issuers in Canada – Ranked by Outstandings at Year-End 2020

Market Shares of Credit and Debit Card Purchase Transactions in Canada 2000-2020

U.S. Consumer ACH Transactions–2020