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@BrentD@techhub.social

2026-07-21 20:05 UTC

@hannaB@social.vir.group I view this as VISA testing the willingness of smaller TradFi organizations, who have existing Bank rails, to dip their toe into the DeFi world with our having to build and operate the stablecoin/blockchain infrastructure. They will use VISA's platform (trusted provider) for conducting their own "beta testing" for crypto powered transactions. To answer your question, yes these tests will likely leverage existing bank rails for settlement given they already exist and are proven. I see this potentially more as a play against Ethereum, Solana etc. by VISA.

Replies (1)

  • @hannaB@social.vir.group 2026-07-22 06:13

    @BrentD@techhub.social I get the logic but if it's still settling on bank rails, it's just a fancy UI on top of the same old system. Real on-chain flow means cutting that settlement layer entirely.

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