Three-party payment platform Visa is looking to create an "unconscious memory" tightly around the settlement, with plans to allow customers to convert digital assets into legal tender on the service platform, according to a slide released by the head of the company's data encryption department in StarkWare Session 2023.

People have been testing how to specifically accept settlement payments from USDC issuers, from Etherum gradually to USDC (USDC) payments within Etherum. So these are all huge settlement payments, "Cuy Shefffield said during a chat at the kitchen side of the event." The Cointelegraph team has reported on the two-day etheric community conference in Tel Aviv.

This management shows that the use of digital assets and legal tender for worldwide liquidation is one of the ways in which Visa invests. He specifically pointed out:

"this is one of the areas where they want to create unconscious memories. Just as we can change between dollars and euros in cross-border transactions, people should be able to change between digital tokens and traditional dollars.

The payment mogul has been exploring how to integrate blockchain applications into its original Internet to transfer funds more effectively, but the Global Interbank Financial Telecommunications Network Research Society (Society for Worldwide Interbank Financial Telecications, commonly known as SWIFT system software) is still reconciling, a non-profit collaborative seminar of European financiers to promote safe and standardized business communication among its team members.

"people have developed all the business processes of SWIFT, so we can't transfer money at will, so there are a lot of restrictions on these networks. Therefore, everyone has been experimenting and announcing. People have been testing how to specifically accept settlement payments (with relatively stable ones), "Birmingham explained."

In a recent speech at Visa's annual shareholders' meeting, former CEO Jani Carey outlined the company's plans for central bank digital money (CBDC) and private stable money, declaring that "stable money and central bank digital currency are expected to play an important role in the trading industry, and a series of measures are being implemented."

Birmingham confirmed the company's views on blockchain applications and digital assets. We are thinking about how to use some of the use value provided by Visa in the original track of financial institutions, and the current way of Beyond, to carry out the reconstruction of relatively stable circuit boards above the block link tracks. If there is a great opportunity for us in this area, it will be limited to emerging economies.