“We are doing a lot to create an ecosystem that makes cryptocurrency more usable and more like any other currency,” said Visa CFO Vasant Prabhu. “People are exploring ways in which they can use cryptocurrencies for things they would use normal currencies for.”
Estimated reading time: 0 minutes, 23 seconds
Crypto-backed Visa Card Surging in Popularity: CFO
Visa announced its crypto-backed credit card has enjoyed notable success and its users have spent more than $1 billion in cryptocurrency in the first half of the year. So reports PYMNTS.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-