Visa Tests Private Stablecoin Settlement on Canton Network

CC/USDT

$0.13645

+16.80%

$0.13645

+16.80%

(24s)

24h Volume

$57,401,862.85

24h H/L

$0.13929 / $0.11661

Change: $0.02268 (19.45%)

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Daily

$0.13869

▲ 7.11%

Volume (24h): -

Resistance Levels

Resistance 3$0.1560

Resistance 2$0.1502

Resistance 1$0.1393

Price$0.13869

Support 1$0.1326

Support 2$0.1252

Support 3$0.1193

Pivot (PP):$0.125123

Trend:Uptrend

RSI (14):69.9

Cointelegraph Staff

(02:45 PM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

Visa is testing whether privacy-enabled blockchain networks can support institutional stablecoin settlement without exposing sensitive transaction data, in a proof of concept with stablecoin infrastructure company Brale and the Canton Network, a permissioned ledger backed by major Wall Street firms.

The project, announced Thursday, uses SBC, a US dollar-backed stablecoin issued by Brale, to…