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Visa Could Add Crypto to Its Payments Network, Says CEO


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In Visa’s fiscal Q1 2021 earnings call yesterday (via The Motley Fool), Kelly took a moment out of his introductory statement to specifically touch on crypto and the opportunity he sees in the space. He detailed Visa’s case for being the largest financial services brand in the industry via its partnerships with 35 platforms and wallets

“In this space, we see ways that we can add differentiated value to the ecosystem,” said Kelly. “And we believe that we are uniquely positioned to help make cryptocurrencies more safe, useful and applicable for payments through our global presence, our partnership approach and our trusted brand.”

If you thought the Paypal news had an impact, wait until Visa jumps in the pool.

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Central bank digital currencies are really interesting. #Bitcoin, not really. - MasterCard CEO

VISA: we will enable the purchase of #Bitcoin on Visa.

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Have fun staying poor, MasterCard

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