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Thursday

13 May 2021

Why VISA Thinks Bitcoin Has Potential In Cross-Border Transactions

Why VISA Thinks Bitcoin Has Potential In Cross-Border Transactions


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Al Kelly, Chairman, and CEO at Visa talked about the “opportunities” the company is and would like to explore with BTC and digital assets.

The executive said Visa is working with exchange platforms and wallets to enable this feature.

The digital asset bank will aid Visa to integrate the mechanism to settle transactions in stablecoins, such as USD Coin (USDC).

On their final area of opportunity, Kelly said its company will develop partnerships with banks

In that way, they will incorporate and help secure central bank digital currencies (CBDC)

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