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Visa Introduces Swift Payments with Dollar-Backed Stablecoins
Visa Introduces Swift Payments with Dollar-Backed Stablecoins

In Brief Visa launches direct payments via stablecoins for freelancers and digital services. The pilot project aims to improve speed and transparency in global payments. Visa plans global expansion of this payment system by 2026.

Cointurk·2025/11/12 14:18
Flash
  • 15:41
    A new wallet address deposited 8 million USDC into HyperLiquid and opened a 25x leveraged long position on ETH.
    According to ChainCatcher, market sources report that a newly created wallet deposited 8 million USDC into the HyperLiquid platform and opened a 25x leveraged long position on ETH. The position size is 10,695 ETH, valued at approximately 37 million USD, with an entry price of 3,498 USD and a liquidation price of 2,808 USD.
  • 15:26
    Federal Reserve's Bostic announces retirement, term to end in February next year
    ChainCatcher news, according to Golden Ten Data, Federal Reserve's Bostic announced that he plans to retire when his current term ends in February next year. Bostic has served as President of the Atlanta Federal Reserve since 2017 and is the first African American to lead a regional Federal Reserve Bank. This year, he has focused on inflation risks, urging his colleagues to remain cautious when lowering interest rates and to be alert to the potential impact of tariffs. Although he does not have a vote on monetary policy decisions, he supported the Fed's two rate cuts in September and October.
  • 15:23
    Circle Q3 earnings beat expectations, but US stocks fell more than 8% intraday
    Jinse Finance reported that according to the US stock market, stablecoin issuer Circle (NYSE: CRCL) fell more than 8% intraday, currently trading at $90, with a total market capitalization of about $21 billion, down nearly 70% from its all-time high. In its Q3 financial report released before the market opened, Circle reported total revenue and reserve earnings of $740 million for the third quarter, a year-on-year increase of 66%; net profit was $214 million, a year-on-year increase of 202%, both exceeding previous institutional expectations of $700 million in revenue and $31 million in profit. In addition, the circulating supply of USDC at the end of the quarter reached $73.7 billion, a year-on-year increase of 108%.
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