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Visa Working On 'Network of Blockchain Networks' Payments Hub

Global payments behemoth Visa launched a new project aimed at allowing blockchains to connect multiple stablecoins, cryptocurrencies and digital bank central currency currencies. So reports Cointelegraph.

visa 2623015 1920The new “Universal Payment Channel” would create a “blockchain interoperability hub” that could connect a number of blockchain networks and allow transfers of assets from different wallets and protocols. The underpinnings of the concept were first explored by Visa as far back as 2018.

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