Solana News Today (Patreon)

VISA

First of all Visa partnership is BIG!!! Here is the summary

1. Visa is expanding its crypto initiatives to accelerate cross-border payment transactions, utilizing Circle's USDC stablecoin on the Solana blockchain for high-speed performance.
2. Visa is among the first major financial institutions to utilize the Solana network at scale for settlements, marking a significant step in its crypto endeavors.
3. Visa has initiated pilot programs with merchant acquirers Worldpay and Nuvei, allowing clients to opt for USDC stablecoin settlements instead of fiat currencies for debit and credit card payments.
4. The company started testing USDC for treasury operations in 2021 and previously collaborated with Crypto.com on cross-border payments using Ethereum.
5. This move highlights traditional financial institutions' increasing adoption of blockchain technology, with the stablecoin market projected to reach $2.8 trillion in the next five years, according to research firm Bernstein.

MONEY FLOW

As you know I also focus on many items but also money flow - per this metric Solana has been the world's most loved coin - I covered this a few weeks back but now media is picking up on it.