Visa on Wednesday said it is linking its payments network of 60 million merchants to the USDC stablecoin developed by Centre, the consortium founded by Circle and Coinbase. The news was first reported by .
UPDATE (Dec. 2, 15:15 UTC): Added a comment from Circle and confirmation from Visa.
UPDATE (Dec. 2, 16:50 UTC): Corrected verb in headline and fourth bullet point, since .
UPDATE (Dec. 2, 23:35 UTC): Added bullet point about need for an issuing bank in the U.S.