Visa Announces USDC Settlement on Its Network

Visa announced that it had begun settling obligations with Crypto.com in USD Coin on Ethereum, using Anchorage as a settlement partner. The system concerned a dollar stablecoin and Ethereum rather than Bitcoin.

It is retained as a contextual historical marker because a global card network was moving a blockchain-based asset into its settlement stack at the same time that Bitcoin-linked payment products were becoming mainstream. The Bitcoin connection is therefore environmental and institutional, not a claim that Visa settled Bitcoin directly.