Visa Cryptocurrency

Image sourced from Headquarters Office Visa has revealed that it could soon let customers settle transactions using cryptocurrency. According to Reuters, the company has launched a pilot programme that uses USD Coin – a stablecoin that is pegged directly to the US dollar – across its payment network. “We see increasing demand from consumers across the world to be able to access, hold and use digital currencies and we’re seeing demand from our clients to be able to build products that provide that access for consumers,” says Cuy Sheffield, Head of Cryptocurrency at Visa. This comes shortly after crypto-enthusiast and Tesla founder, Elon Musk confirmed that the electric car company will now accept Bitcoin as a form of payment – news that has caused the price of Bitcoin to rise 5%. ...