Visa Introduces Payment Channel that Utilizes the Blockchain Interoperability Feature

One of the largest global payment companies, Visa, has introduced a “Universal Payment Channel” (UPC) that utilizes the blockchain interoperability concept to enable the easy transfer of cryptocurrencies, stablecoins, and central bank digital currencies (CBDC). According to the announcement by the payment firm, its research and product teams have developed a “universal adapter” among blockchains that allows … Read more