Visa is set to incorporate four new stablecoins that work on distinct blockchain networks into its cryptocurrency expansion effort. The payment processing giant shared the intention during its latest earnings call, a key milestone in the drive for mainstream digital commerce. CEO Ryan McInerney said the firm would support two
The meme coin FAFO Barron, based on Solana, skyrocketed 250% in hours on January 27, 2025, after a post by Donald Trump. Around the same time, Visa’s official Facebook page had been compromised and was used by the platform to run an ad for a suspicious crypto token before the
To facilitate the issuance and management of digital assets, Visa unveiled its new Visa Tokenized Asset Platform (VTAP). The financial services behemoth unveiled the VTAP on October 3; it claims to be compatible with several tokenized assets, including stablecoins and CBDCs. Visa reports that BBVA is one of many participating
The Hong Kong Monetary Authority (HKMA) officially commenced the second phase of its central bank digital currency (CBDC) pilot on Monday, renaming the initiative to “Project e-HKD+.” This phase aims to explore the commercial feasibility of the e-HKD through innovative use cases developed by 11 selected firms across various sectors.
As a result of all the recent buzz around stablecoins, Visa’s crypto division has released a new platform called the Visa Onchain Analytics Dashboard. It was after seeing a line chart made by well-known crypto enthusiast Nic Carter that Cuy Sheffield, Head of Crypto at Visa, decided to develop the
According to a recent announcement by the digital payment’s behemoth Visa, its new Web3 loyalty program will include interactive treasure hunts and gamified prizes. Brands will be able to build digital wallets on behalf of customers to store reward points and experiences using the customer engagement platform called the Visa
Solana (SOL), one of the top 10 cryptocurrencies in the world by market cap, has shown a significant surge in the last 24 hours. The unexpected increase from Solana caught the attention of the cryptocurrency community, even though the entire market is in severe decline. At the same time, the
Visa is bringing its stablecoin settlement pilot to the Solana blockchain, enabling high-throughput transactions with negligible costs for issuers and merchants using USDC. The move comes after an extensive evaluation of Solana’s speed, costs, and decentralization. Visa cited demand from clients to leverage newer, high-performance chains for moving USDC settlements.
Visa cards are being distributed to crypto exchange Lama’s consumers. The physical and digital cards make it possible to instantaneously convert cryptocurrency to fiat and use it everywhere Visa is accepted. The cards come with some unique advantages, such as a 2% BTC reward on all purchases for the Gold plan. Lama, a
Visa, one of the leading digital payment companies in the world, has looked to increase its reach across the digital payment landscape via a new ambitious crypto product roadmap. On Monday, Cuy Sheffield, the Visa head of crypto, stated that the company is aiming for a further push into mainstream
