Visa Tests Private Stablecoin Settlement on Canton Network

CC/USDT

$0.09646

+0.32%

$0.09646

+0.32%

(24s)

24h Volume

$10,764,736.58

24h H/L

$0.10312 / $0.09478

Change: $0.008340 (8.80%)

Funding Rate

-0.0079%

Shorts pay

Data provided by COINOTAG DATALive data

Daily

$0.0967

▼ -2.50%

Volume (24h): -

Resistance Levels

Resistance 3$0.1378

Resistance 2$0.1189

Resistance 1$0.1032

Price$0.0967

Support 1$0.0964

Support 2$0.0868

Support 3$0.0639

Pivot (PP):$0.098003

Trend:Downtrend

RSI (14):33.7

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…