Latest topics
Visa is preparing to allow payment settlements with cryptocurrency
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Visa is preparing to allow payment settlements with cryptocurrency
[size=36]Visa is preparing to allow payment settlements with cryptocurrency[/size]
29/03/2021
Follow-up - Mawazine News
Visa Inc said it will allow the use of US cryptocurrency to settle transactions on its payment network, which is the latest brand of digital currency accepted by the mainstream financial industry.
According to India's TOI website, Visa launched the beta program with the Crypto payment and encryption platform and plans to offer the option to more partners later this year, she said, while the US dollar digital currency (USDC) is a stable cryptocurrency whose value is directly linked to the US dollar .
Visa's move comes as major finance companies including BNY Mellon, BlackRock Inc and Mastercard Inc have adopted some digital currencies, sparking predictions that cryptocurrencies will become a regular part of their investment portfolios.
Tesla boss Elon Musk said last week that customers can buy their electric cars with Bitcoin, which marks an important step forward for the cryptocurrency to trade.
Traditionally, if a customer chooses to use a Visa Crypto card to pay for a cup of coffee, the digital currency in the cryptocurrency wallet must be converted into traditional cash, and the cryptocurrency wallet will deposit the traditional paper currency into a bank account, to be delivered via Visa at the end of the day to settle any transactions. , Which adds cost and complexity to companies.
In the latest move by Visa, which will use the Ethereum blockchain, eliminates the need to convert digital currency into traditional cash in order to settle the transaction, Visa said it has partnered with digital asset bank Anchorage and completed its first transaction this month - Crypto.com sent USDC To Visa's Ethereum address in Anchorage.
Ended 29 / A87
https://www.mawazin.net/Details.aspx?jimare=147609
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Yesterday at 6:02 am by Ditartyn
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Mar 23, 2024 9:25 am by swizzlestick
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee
» The Fundamentals of Finance and Pimpy Live
Thu Jan 18, 2024 7:17 am by Dinarhater
» Why Won't the Iraqi Dinar Scam Die?
Wed Jan 17, 2024 5:19 pm by RamblerNash