Day: 7 September 2023

Visa Boosts Stablecoin Settlement on Solana Blockchain

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Visa Boosts Stablecoin Settlement on Solana Blockchain

Visa, the world’s payment giant, announced the pilot programs in partnership with payment processors Worldpay and Nuvei. The goal is to enhance cross-border payment efficiency through stablecoin settlement expansion, particularly USDC, and Solana integration. The move was first published on BusinessWire. According to the press release, Visa has successfully moved millions of USDC (USD Coin) using the Solana and Ethereum blockchain networks to facilitate instant settlement of fiat-denominated payments authorized through VisaNet. Stablecoin Settlement Expansion With the live pilots, Visa’s treasury and settlement systems has ensured the smooth flow of…

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TON Foundation Founded in Switzerland as a Non-Profit Organization

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TON Foundation Founded in Switzerland as a Non-Profit Organization

Zug, Switzerland, September 6th, 2023, Chainwire The Open Network Foundation (TON Foundation), the non-profit association supporting the growth of The Open Network (TON), announces its official launch as a Swiss non-profit organization. Switzerland is known for its rich history of technological innovations across multiple industries, including its clear and precise legal framework surrounding blockchain and cryptocurrency. The country’s regulatory clarity is vital to the long-term planning, strategy, and execution of TON Foundation’s mission in supporting the TON ecosystem. “This marks the next chapter for the Toncoin community,” said Steve Yun,…

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