Visa's blockchain network

I have been sceptical of cryptocurrencies since their inception and remain so. Their supposed utility does not make enough sense to me and I cannot bring myself to buy something where its value is unexplainable. I know Bitcoin has done incredibly well over the last decade but so have many other assets. In fact, Bitcoin's volatility is one of the main reasons I believe it will never replace fiat currency. You simply cannot do business with something so uncertain.

Stand up Stablecoins. These are tokens designed to maintain a stable value, typically pegged to a fiat currency like the US dollar or other assets, minimising volatility compared to other cryptocurrencies. Now that makes a lot more sense to me.

If Stablecoins get fully integrated into the retail environment, some worry that a company like Visa could be under threat. As usual, Visa are two steps ahead. They already have a seven-day-a-week stablecoin settlement system to help banks issue and manage them. They have also teamed up with fintechs to offer stablecoin-linked cards and make cross-border payments faster and smoother using USDC on blockchains like Solana and Ethereum.

The crypto space is finally getting useful.

Disclaimer to the cryptobros: I have absolutely zero Bitcoin fomo, so don't come at me with your "have fun staying poor" rubbish.