According to Reuters, Visa's Head of Crypto, Cuy Sheffield, stated that Visa is pushing for stablecoins to be integrated into the existing payment system. The annualized run rate for stablecoin settlements is currently around $4.5 billion, primarily driven by demand for stablecoin-linked payment cards. However, stablecoins still lack 'scaled acceptance' on the merchant side. He also mentioned that a pilot program has been launched in the U.S., allowing some banks to settle with Visa using USDC. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=55122