Visa has expanded its stablecoin offering by launching support for USD Coin (USDC) payments settled on the Solana blockchain. The global payments processor has conducted live pilots with issuers and acquirers, moving millions of USDC tokens between the Ethereum and Solana blockchains to settle fiat-based payments. Visa's integration of USDC issued on Ethereum and Solana will enable it to bridge traditional finance with Web3, improving the speed of cross-border settlement. The move is expected to increase settlement times for merchants using payment processors Worldpay and Nuvei, offering them more choices for receiving funds and better treasury management.