Visa Just Supercharged Stablecoin Legitimacy

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

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

This episode is sponsored by Nexo.io and Casper.

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

NFTs make it to “SNL”
“Green” bitcoin mining
Square’s CFO thinks all companies should hold bitcoin in their treasuries
Crypto M&A doubles in 2020
Visa 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.

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

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.