BREAKDOWN: Visa Just Supercharged Stablecoin Legitimacy

BREAKDOWN: Visa Just Supercharged Stablecoin Legitimacy

By CoinDesk

Visa officially enables USDC as a native currency and means of settlement. 

This episode is sponsored by Nexo.io and Casper.

Today’s episode of “The Breakdown” is an extended brief with five different topics:

NFTs make it to “SNL”“Green” bitcoin miningSquare’s CFO thinks all companies should hold bitcoin in their treasuriesCrypto M&A doubles in 2020Visa announces USDC as settlement currency 


Ultimately, NLW argues that while non-fungible tokens are showing up in pop culture, the Visa deal reinforces the notion that this crypto bull market is being driven by large-scale institutional engagement.


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Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.

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Launching in late-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.

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Image credit: Ihor Reshetniak/iStock/Getty Images Plus, modified by CoinDesk

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