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RE: 📈 Crypto Weekly - VISA / CIRCLE Partnership Brings Crypto-Backed Payment to the World.

in HODL4 years ago

Some big news there.

The Visa-Circle deal is rather large. This means that Visa is basically accepting the stablecoin for future transactions.

We are seeing more decisions that will further insulate the USD against other currencies.

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True but let's not forget that USDC is basically the same good ol' USD but on blockchain rails,

If anything it's really bullish for the entire Ethereum ecosystem though (since most of the USDC supply lives on Ethereum)