The financial entity’s latest move builds on Visa’s previous work with Crypto.com and Circle, which utilized USDC and the Ethereum blockchain for near real-time settlement between issuers and acquirers. By adding support for Solana, Visa aims to enable faster and lower-cost transactions for clients wishing to leverage stablecoins. “By leveraging stablecoins like USDC and global blockchain networks like Solana and Ethereum, we’re helping to improve the speed of cross-border settlement and providing a modern option for our clients to easily send or receive funds from Visa’s treasury,” said Cuy Sheffield, head of Crypto at Visa.