Cryptocurrencies and The Evolution of Visa Payments

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The "Visa" organization is one of the organizations in the field of monetary administrations around the world and has just put its hand in the cryptocurrency market through wallet associations and advanced installment cards for different gatherings, as computerized cash institutions now offer installment cards with the brand name Visa.

It appears that Visa has not been able to handle this, with the CEO now recommending that digital forms of money could work directly on the Visa network later.

In a report by Visa, which manages the institution’s benefits in the first quarter of 2020, it referred to cryptocurrency and the opportunity it offers in the field of computerized payments.

In addition, the "Visa" report provided some information and figures about "Visa" institutions with other monetary institutions, many of which are dynamic in the field of cryptocurrencies, as Visa closed 35 associations with a wallet and an exchange stage.

In this space (the crypt space), we see ways in which we can strengthen the biological system.

We accept that we are in a prime position to help make digital forms of money safer, more valuable and practical for premiums with our worldwide presence, common approach, and trusted brand.

Bitcoin and cryptocurrencies for money:

Stable monetary standards and customary government-sponsored monetary forms, for example, the National Bank's advanced monetary standards.

In terms of the main alternative, the organization accepts that the best strategy is to go ahead with the associations and provide customers with an approach to withdraw their computerized cash standards as they like, using their Visa credits with nearly 100 million sellers around the world.

These are the emerging installment payments that can be used in a global exchange, just like some other paper money.

It can be said very well that no funds are being recognized, and there is no reason why we should not add them to our foundation, which so far supports over 160 monetary standards today.

Turns out, the report and metrics for expression provided by Mr. Kelly were much clearer than they were last November.

It does not want to go into the form of cryptocurrency, but it does support advanced monetary standards and specialized cooperatives on a larger scale.

It would be great to see if this approach will change as the reception of stablecoins and advanced monetary forms expands to national banks in the coming months and years.

 

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