Making digital currencies interoperable through universal payment channels

Visa believes that for central bank digital currencies (CBDCs) to be successful, they must have two essential ingredients: a great consumer experience and widespread merchant acceptance, which means the ability to make and receive payments, regardless of currency, channel, or form factor. And that’s where Visa’s UPC (Universal Payment Channels) concept comes in. Ultimately, the UPC solution aims to serve as a network of blockchain networks — adding value to multiple forms of money movement, whether they originate on the Visa network, or beyond. Learn more by downloading our research paper Universal Payment Channels: An Interoperability Platform for Digital Currencies.