empty
07.07.2021 11:00 PM
Visa will partner with over 50 crypto companies around the world: great news for those looking to spend and convert fiat and cryptocurrencies

This image is no longer relevant

Visa recently announced that the company will cooperate with more than 50 cryptocurrency companies, including such heavyweights of the cryptocurrency market like Coinbase and FTX. This is a very big step towards the cryptocurrency market and full digital adaptation. Customers can now directly dispose of their funds and convert cryptocurrencies through their card program.

This cooperation will allow customers to easily convert fiat savings into cryptocurrency and spend their assets in millions of retail outlets around the world, even where cryptocurrency is not accepted.

Everything will be extremely transparent for users, and this will be the most common transaction. Now, in the blink of an eye, you can convert your fiat funds and digital assets, and vice versa.

This is done due to the fact that millions of VISA users are also owners of crypto assets, and millions of online sellers around the world do not want to understand what crypto technologies are, nor get acquainted with the blockchain. At the moment, Visa customers can spend their fiat savings in the shortest possible time, exchange cryptocurrency for money, and receive cashback in the crypt to their card.

This will be a real know-how, since there has never been such a thing in practice that it would be possible to receive bitcoins or ethereum as cashback. Back in late March, Visa announced that it would allow its customers to use USD Coin to settle payment transactions on its platform.

Visa has tested the payment option through the payment platform Crypto.com and the Anchorage Digital asset bank. Customers should be able to use fiat currencies, cryptocurrency assets, and convert them if desired.

This should be a very good impulse for an upward trend for both Bitcoin and all altcoins. After such an application from Visa, even more users will want to buy or exchange cryptocurrency using such a reliable platform as Visa.

Vitaly Kolesnikov,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Recommendations for the Cryptocurrency Market on May 28

Bitcoin failed to hold above the $110,000 level, while Ethereum again showed decent growth, fueled by news of a possible significant increase in the gas limit per block

Miroslaw Bawulski 10:04 2025-05-28 UTC+2

Bitcoin Remains Within a Range Conducive to Growth

Yesterday, Bitcoin and Ethereum continued to attract demand from traders and investors, maintaining strong prospects for the continuation of the bullish market. Meanwhile, the International Monetary Fund (IMF) stated that

Jakub Novak 09:36 2025-05-28 UTC+2

Technical Analysis of Intraday Price Movement of Bitcoin Cryptocurrency Pairs, Wednesday May 21, 2025.

On the 4-hour chart of the Bitcoin cryptocurrency, there appears to be a Divergence between the Bitcoin price movement and the Stochastic Oscillator indicator, which indicates that in the near

Arief Makmur 08:39 2025-05-28 UTC+2

Bitcoin: A Bet on $300,000 or a Painful Correction? What's Next for the Market

Bitcoin reached $110,000 but failed to sustain the rally throughout the day, continuing its consolidation. Yet this lull is by no means a sign of exhaustion. Behind the scenes, activity

Ekaterina Kiseleva 00:44 2025-05-28 UTC+2

Bitcoin and Ethereum maintain bullish momentum

Despite a short pause, Bitcoin and Ethereum don't appear to be finished with their upward moves. While Bitcoin slightly pulled back during today's Asian trading session, Ethereum has already broken

Jakub Novak 11:03 2025-05-27 UTC+2

BTC/USD Analysis on May 27, 2025

The wave pattern on the 4-hour BTC/USD chart has become more complex. A corrective downward structure completed its formation around the $75,000 level. After that, a fairly strong upward move

Chin Zhao 10:53 2025-05-27 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 27

Demand for bitcoin and ether has continued early this week. Bitcoin remains above the $109,000 mark, while Ethereum is trying to consolidate above $2,600. Yesterday's news that Strategy once again

Miroslaw Bawulski 08:53 2025-05-27 UTC+2

Bitcoin Holds Above $107,000

Bitcoin has resumed its upward movement and already surpassed the $109,900 level after a solid correction to the $106,000 level over the past weekend. The fact that price held above

Jakub Novak 11:35 2025-05-26 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 26

Demand for Bitcoin and Ethereum returned at the beginning of this week. Bitcoin has broken above the $109,000 level, while Ethereum is attempting to consolidate above the $2,550 mark. Yesterday

Miroslaw Bawulski 09:39 2025-05-26 UTC+2

Bitcoin. May 23rd. Smart Money System Analysis

Bitcoin continues to form a bullish trend structure. One could argue whether there are real reasons for a new bullish trend at the moment, but the chart suggests only that—unambiguously

Samir Klishi 20:04 2025-05-23 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.