Visa integrates bitcoin into its infrastructure

During the teleconference on Visa's financial performance in the 2nd quarter of 2021, the company showedinterest in the full integration of cryptocurrencypayment system into its current infrastructure with several interesting elements. They are designed to broaden the interaction between traditional finance and the cryptocurrency world.

Specifically, Visa CEO Alfred Kelly said the company views bitcoin and other crypto assets as "digital gold."

After that, in February, Visa startedexperimenting with its first crypto API, and announced next month that it would begin using USDC to settle transactions in Ethereum, a landmark step.

What could have influenced Visa's efforts to integrate cryptocurrencies?

First of all, this is the explosive growth that has been observed in this area - in April, the market capitalization of bitcoin for the first time exceeded the market capitalization of Visa and MasterCard combined.

During the conference, Kelly spoke about the types of initiatives that Visa is evaluating in terms of integrating cryptocurrencies into its infrastructure.

The company's plans include the possibility of directpurchases of cryptocurrency using all Visa cards around the world, cryptocurrency conversion systems at points with Visa support, and providing a financial institution with the ability to conduct cryptocurrency transactions using stablecoins, for example, USDC.

This is a huge leap forward in terms oflegitimization of bitcoin and the cryptocurrency space, as well as its integration into the systems that most consumers use every day, without exception. If successful, cryptocurrency supporters will be able to make instant transactions, spending their assets with millions of retailers.

What's even more interesting is the opening of locks byThe inclusion of direct purchases of cryptocurrency across all 2.5 billion Visa cards will be game-changing by making buying bitcoin and other cryptoassets much easier than ever before. This will undoubtedly cause significant growth in demand for popular cryptocurrencies in the medium to long term.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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