The global payment giant Visa will continue to support the development and deployment of cryptocurrencies within its business.
</p>On WednesdayThe company announced that in the first half of 2021, the transfer of cards with the support of the cryptocurrency exceeded $ 1 billion.
The company cooperates with 50 large companies incryptoindustry and cryptocurrency card programs that allow you to spend and convert digital currency from 70 million traders around the world. Taking into account the size of the expenses for the Visa cards connected with the cryptocurrency cards, the company declared that “the cryptocooperative appreciates the linking of digital currencies to the global Visa network”.
B Visa emphasized that its support for digitalcurrencies do not require unauthorized acceptance of cryptocurrency by traders, since the company is in close cooperation with large cryptocurrency exchanges, CoinZoom and FT
In addition, the company declared that stablecoins (cryptocurrencies tied to the value of other assets or fiat currencies) are available in most cases:
"Standards are ready to become an important part of global digital transformation of financial services, and Visa is happy to help shape and support this."
“We at Visa are busy connecting the cryptoeconomy to our network. This is a strategy developed to increase the value of all forms of money movement, in the Visa network and beyond. "
Last year, one of the largest paymentA company in the world of Visa has taken a major step into the crypto industry by partnering with Circle to integrate USD Coin (USDC) with certain specifications. Since then, the company has confirmed its liability to cryptocurrency payments and fiat operations, paying special attention to the work with power supplies.
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