Visa gets married with staiblecoins...soooooon.

[Captain-Cryptory]

r

[romero121]

At long last Visa made up its mind of stablecoins. Quoting Al Kelly, Visa CEO:

"Our strategy here is to work with wallets and exchanges to enable users to purchase these currencies using their Visa credentials or to cash out onto our Visa credential to make a fiat purchase at any of the 70 million merchants where Visa is accepted globally."

I had foreseen  something like this is coming but what is not clear for me is that  on which  staiblecoins  will be in their focus first. It is hard to expect from them  "to cover everything under the sun". Which  stablecoins to buy....any thought?

Possibly visa will initially partner with Binance USD and might further create its own stablecoin. Already they lead the transaction system, and now their attention getting moved towards the cryptospace is something positive on the market. This will enrich and ease the usage of cryptocurrencies on day to day life spending, which at present is found very low.

[tabas]

It is familiar because of PayPal's adoption or probably it's been a clue that the soonest PayPal had announced it, they're already on it. We will see many other the same companies will do the same decision.
The wait is finally worth it because they're coming but others see it as a bad thing for the manipulation as they say. But years back, we're all wanting them to be part of us.

[jacafbiz]

I don't know why people are making noise about this Visa thing, all these companies are set up to make profit and they will deploy their service to areas they feel there is growth, looking at the success of USDC and USDT they know there is money to be made in the space, it just depend on how crypto- friendly they want to be