{"id":43606,"date":"2021-03-30T03:47:08","date_gmt":"2021-03-29T23:47:08","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=43606"},"modified":"2021-03-30T03:47:09","modified_gmt":"2021-03-29T23:47:09","slug":"visa-to-accept-stablecoin-in-settling-transactions","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/visa-to-accept-stablecoin-in-settling-transactions\/03\/30\/market-updates\/","title":{"rendered":"Visa to Accept Stablecoin in Settling Transactions"},"content":{"rendered":"\n<p>Visa is set to allow using a cryptocurrency in settling transactions through its payment network, Reuters first reported.<\/p>\n\n\n\n<p>The process is starting with the U.S. Dollar (USD) Coin, known as the stable coin, through a pilot program in cooperation with the platform Crypto dot com, with plans for expansion with other platforms.<\/p>\n\n\n\n<p>It is worth noting that USD Coin (USDC) is a digital stablecoin linked to the exchange rate of the American currency, without being issued by the Federal Reserve, the U.S. central bank.<\/p>\n\n\n\n<p>A number of financial statements have recently shown tolerance towards accepting cryptocurrencies, especially with the increase in institutional demand for Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Visa is set to allow using a cryptocurrency in settling transactions through its payment network, Reuters first reported. The process is starting with the U.S. Dollar (USD) Coin, known as the stable coin, through a pilot program in cooperation with the platform Crypto dot com, with plans for expansion with other platforms. It is worth &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31837,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6903,7280,6871,7337],"class_list":["post-43606","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-cryptocurrencies","tag-stablecoins","tag-usd","tag-visa"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=43606"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43606\/revisions"}],"predecessor-version":[{"id":43607,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43606\/revisions\/43607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31837"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=43606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=43606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=43606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}