VISA

This week's crypto highlights include Visa's launch of a tokenization platform for banks, Caroline Ellison’s two-year prison sentence for her role in the FTX collapse, and Bitcoin surging past $65,000. Let’s dig deeper.  Bitcoin Thursday saw the BTC/USD pair make a higher high, breaking through the $65,000 resistance.  DeFi Women in leadership roles within the blockchain sector—including those of venture capitalists, marketing executives, strategic advisers, and public relations experts—have had great effects in 2024.  Altcoins BlockDAG has just announced a…

Visa, a global leader in payment solutions, has taken another major step into the cryptocurrency space by launching a platform designed for banks to test tokenized assets and smart contracts.  Visa's Vision for Tokenized Assets The new platform launched by Visa allows banks to issue fiat-backed tokens in a regulated manner and explore the potential of blockchain technology in capital markets. Cuy Sheffield, Visa's Head of Crypto, outlined the company’s objectives, stating,  “We think that creates a significant opportunity for…

The post Hamster Kombat Partners with Crypto.com ; Metallic Visa Cards for Community appeared first on Coinpedia Fintech News Hamster Kombat, the popular telegram based game, keeps bringing new cards to the game every few days. Do these cards have some meaning or are they just randomly launched? Well sometimes they represent something trending in the real world and sometimes it’s a message for the community. Have you seen the latest crypto.com card? Let’s see why it matters for the…

The Tether USDT market dominance fueled by mass adoption on the Tron (TRX) network has threatened to dethrone Visa in global digital payments. The notable adoption of USDT on the Tron network has bolstered TRX price action amid the ongoing crypto correction that Bitcoin (BTC) led. The Tron (TRX) network, a top-tier layer one blockchain supporting multichain web3 development, has registered heightened stablecoin activity in recent times. Remarkably, the Tron network has outshone Visa Inc. (NYSE: V) in daily transaction…

USDT, Tether’s digital token pegged to traditional currencies, is leading a quiet revolution in the world of finance. In a landmark development, USDT has surpassed Visa’s average daily transaction volume on the Tron blockchain, underscoring its position as the undisputed leader in the stablecoin space. This surge signifies a growing confidence in stablecoins and their potential to disrupt the financial landscape. USDT Flexes Muscles USDT’s dominance is evident. Available on multiple blockchains, it has seen its market cap explode since…

The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are being widely used as claimed. According to the report, a new metric developed by American multinational payment giant Visa indicates that over 90% of stablecoin transactions aren’t made by genuine users, suggesting that these cryptocurrencies are far from being widely adopted for payments. Only 10% of Stablecoin Transactions Organic Visa, along with Allium Labs, has created a dashboard to filter out transactions…

The Bitcoin payments company Strike has partnered with Visa to integrate a ‘Visa card’ into its wallet app. This will allow Strike users to pay for goods and services in Bitcoin with any Visa-accepting merchant.  In a tweet on Thursday, Strike revealed its new Visa card, which it called the “Strike Card.” “You can now take Strike anywhere and earn rewards on everyday spending,” explained the company. The card rewards users with incentives for every purchase and charges no added…

Following its invasion of Ukraine, sanctions on Russia are becoming more and more devastating. Recently, payment providers decided to block money from coming in and out of the country.  The pressure is mounting on crypto companies as well. Last weekend, payment processing giants Visa and MasterCard joined PayPal in suspending cross-border payments for their Russian clients. The decisions are set to comply with sanctions of NATO and other western countries, where these companies have their headquarters in. The largest credit-card…

Who said Bitcoin is bad for payments? The 6th edition of Visa’s Global Back to Business study found that nearly a quarter of small businesses plan to accept crypto transactions in 2022 – including Bitcoin. Rapid Crypto Adoption Incoming? According to the study, 82% of small and micro businesses (SMB’s) will accept some form of digital payment option this year. Meanwhile, 73% see getting new forms of payment as essential for growing their businesses. “Of those surveyed, 24% said they…