The major payments service will be implementing crypto into their payment system with the help of existing crypto trading platforms
In a recent press release, Visa announced its move into the digital currency space by integrating crypto transactions with its global network of 61 million merchants. The platform will support 25 different cryptos, including Bitcoin, Ethereum and Ripple.
Visa seems to be realising that the use of crypto is becoming more prominent outside of the fintech field, with consumers and businesses adopting the technology in larger numbers. From May 2019 to May 2020, more than $10 billion in crypto was used for online payments