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Visa Will Allow Crypto Payment Settlements on Its Network: Reuters

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Mon, 29/03/2021 - 8:02
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Visa Will Allow Crypto Payment Settlements on Its Network: Reuters
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Reuters has just reported that big news is coming for crypto adoption. The Visa payments giant has stated that it will enable users to settle transactions on its own network in cryptoUSDC stablecoin in particular. Crypto payments will be implemented later this year as an alternative to fregular fiat currency payments.

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The news has been published on the Bloomberg news terminal so far.

Earlier, U.Today reported that the payments giant was only coming close to crypto, adding crypto app Wirex to its European network, thus allowing 61 million customers to settle payments in cryptocurrencies.

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Another payments behemoth, Mastercard, announced in February that it would also enable cryptocurrency payments later this year.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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