• visa spend crypto 70 million merchants
    Bitcoin,  Technology

    Visa CEO: We’ll let you spend crypto at 70 million merchants

    Al Kelly said Visa wants to be an intermediary between crypto holders and merchants—the role Satoshi Nakamoto sought to eliminate with Bitcoin

    “We’re trying to do two things,” Kelly said. “One is to enable the purchase of bitcoin on Visa credentials.” The second, he added, is “working with bitcoin wallets to allow the bitcoin to be translated into a fiat currency” that can be immediately “used at any of the 70 million places around the world where Visa is accepted.”

  • visa teams up USDC stablecoin
    Cryptocurrencies

    Visa teams up with USDC stablecoin

    The payment processing giant will start collaborating with Circle to help credit card issuers integrate the USD Coin into their platforms to send and receive crypto payments.

    Businesses will be able to send international USDC payments to any Visa-supported business. Still, before the funds can be spent they will need to be converted to fiat currency. USDC is back one to one with a U.S. dollar reserve, Circle says.