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toast
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December 02, 2020, 04:34:12 PM |
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this is great news first was the paypal to accept crytpocurrency and now the vsia is now in partners with the ethereum with their digital dollars. no doubt that the price of the crytpocurency will increase due to the implementation of the cryptocurrency by the big companies.
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Zeehaxan
Member
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Activity: 294
Merit: 10
WhalesHeaven - Custody Free Swap Exchange
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December 02, 2020, 04:48:44 PM |
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The question is that how do the already existing visa cards connect with usdc or add usdc balance?
It will not be that great if we have to buy a separate new card to use or spend usdc.
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sulis sudibyo
Member
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Activity: 882
Merit: 11
Volare.network
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December 03, 2020, 01:57:01 AM |
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broadly speaking this news will have no impact on the market. it will only increase the usage of USDC. maybe this will increase the capitalization of USDC in the future, if this cooperation is successful in attracting visa users. and perhaps USDC will replace Tether as the best stablecoin. |
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bittick
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December 03, 2020, 02:06:53 AM |
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This is great news lol. integration between blockchain services and these corporations is really happening. If this goes on the whole crypto market will be considered legitimate LOL.
It seems they know that they could get more users by partnering with blockchain startups. I really start to think that stablecoin gonna lead mass adoption in the future but that's just my 2 cents.
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noorman0
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December 03, 2020, 03:58:49 AM |
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The use of visas is only limited to a medium of payment across the world.For me this won't have a big impact on cryptocurrency as merchants that support visas generally only accept stable currencies. This will only benefit Visa and USDC holders themselves as the globally available benefits of USDC make the transaction process easier.
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This space for rent. Available in mid January 2024 - PM me |
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MusaMohamed
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December 03, 2020, 04:03:21 AM |
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This partnership from Visa will help USDC (one of stablecoins) get more adoption and the stablecoin market distribution will have some changes. The less dominance from Tether USD (USDT), the better health for stablecoin market. This article Top 10 stablecoins in 2020 from Bitcasino.io is good for reference. Newbies who only know about Tether USD (USDT) is recommended to read the article. PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets. Be aware of this too. |
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robattfield
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December 03, 2020, 04:58:04 AM |
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This is great news for the market, i think this will stimulate more large companies or corporations to enter this market, so it is not out of the way if BTC reaches ATH, this year if the good news continued to come like that.
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santiPOGI
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December 03, 2020, 06:26:42 AM |
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In my own assessment, Visa company did the right things now. Since that Visa is functioning through electronic payment and now partnered with Ethereum this is a good sign that cryptocurrency business industry will become more popular in the entire world, this is another points for us to make other community connect with cryptocurrency.
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Paulogo
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December 03, 2020, 07:51:39 AM |
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This is so exciting a news; paypal was the fitsr to accept crytpocurrency and now visa is now partnering with ethereum with their digital dollars. There is no doubt that the price of the crytpocurency will be on the rise due to the implementation of the cryptocurrency by the big establishments. We hope to others begin to patronize soon.
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Chuky92
Copper Member
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Activity: 966
Merit: 5
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December 03, 2020, 09:06:45 AM |
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This is a wonderful news which has yet added another prominence to the crypto space, wherein more exposure will be achieved. First it was PayPal, now it's Visa, maybe MasterCard will follow sooner than later; all these platforms are payment processing systems or platforms, wherein they make the payment for services easy, now looking at the trend so far they have come to understand that as crypto is making headway and doesn't looks like it's slowing down, then it's better for them to join up and/or partner with it as soon as possible so as to be part of the future.
So in essence, by adopting USDC more people who uses VISA will get to know more about USDC, through this way, getting acquainted with the crypto space, because they will come to the understanding that, for VISA to partner with it, means crypto has something good to offer.
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Bananington
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December 03, 2020, 01:05:37 PM |
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The partnership by VISA will lead to more adoption of USDC, since its ERC20 on Ethereum network, then its goodnews for ETH and crypto at large. We hope to see more good updates and innovations like this, the huge interests in crypto nowadays is really overwhelming. This year has been the best with regards crypto adoptions and notable updates.
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tvplus006 (OP)
Legendary
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Activity: 2296
Merit: 1655
To the Moon
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December 03, 2020, 01:38:36 PM |
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The use of visas is only limited to a medium of payment across the world.For me this won't have a big impact on cryptocurrency as merchants that support visas generally only accept stable currencies. This will only benefit Visa and USDC holders themselves as the globally available benefits of USDC make the transaction process easier.
In any case, such a partnership between VISA and USDC will give people more confidence in the entire cryptocurrency market. I am sure that VISA specialists have done a great job to check the security of using this stablecoin for payments. And of course, to meet VISA's stablecoin needs, the capitalization of USDC will have to increase several times. |
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MishaSER
Full Member
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Activity: 1050
Merit: 103
BIB Exchange
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March 29, 2021, 04:58:45 PM |
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Guys, Visa has finally announced support for the USDC. This is probably a landmark event for cryptocurrency, I hope after this news Bitcoin will update ATH. It's funny that the USDC supports the Ethereum Algorand Stellar blockchain, which opens up a lot of possibilities. But I fear that users will be able to track in this way. https://techcrunch.com/2021/03/29/visa-supports-transaction-settlement-with-usdc-stablecoin/ |
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