Why Did Visa Choose Ethereum Instead Of Cardano, Algorand, And Stellar XLM?

Visa will start settling transactions with USDC built on top of Ethereum. With Ethereum gas fees extremely high, why did Visa choose Ethereum instead of other blockchains such as Cardano, Algorand, and Stellar Lumens XLM? This video will explain the reason why Visa chose Ethereum and why gas fees were insignificant in making their decision.
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Time Stamps:
Intro – 0:00
How Does Settlement Work? – 1:00
Why Did Visa Select USDC? – 4:54
Why Didn’t Visa Choose Cardano, Algorand, Stellar XLM? – 5:30
Will Visa Migrate To A New Blockchain? – 9:30

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Instagram: https://www.instagram.com/the_btc_express/

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DISCLAIMER: This is NOT financial or legal advice. I am just offering my opinions. I am not responsible for any investment or legal decisions that you choose to make. This description may contain affiliate links for products that I believe in and use personally. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thank you for your support.

#ethereum #visa

Post Author: CoinCryptoNews