{"id":2802,"date":"2021-04-05T10:14:12","date_gmt":"2021-04-05T09:14:12","guid":{"rendered":"https:\/\/walloftraders.com\/blog\/?p=2802"},"modified":"2023-08-02T16:22:11","modified_gmt":"2023-08-02T15:22:11","slug":"visa-allows-payment-in-crypto","status":"publish","type":"post","link":"https:\/\/walloftraders.com\/blog\/en\/visa-allows-payment-in-crypto\/","title":{"rendered":"Visa allows Payment in Crypto"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/walloftraders.com\/blog\/en\/visa-allows-payment-in-crypto\/#Visa_allows_to_pay_in_crypto_based_on_dollar_price\" >Visa allows to pay in crypto based on dollar price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/walloftraders.com\/blog\/en\/visa-allows-payment-in-crypto\/#A_well_run_assembly\" >A well run assembly<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"visa-allows-to-pay-in-crypto-based-on-dollar-price\"><span class=\"ez-toc-section\" id=\"Visa_allows_to_pay_in_crypto_based_on_dollar_price\"><\/span>Visa allows to pay in crypto based on dollar price<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>When a payment giant like Visa goes crypto, it does not play. Visa has now started <strong>allowing payments with USDC <\/strong>for Visa cardholders who hold USDC in their wallets. As many payment vendors have been working on, Visa has conquered the wait and went bold to allow the move. This comes a week later after Tesla announces payments for Tesla using Bitcoin.&nbsp;<\/p>\n\n\n\n<p>How does the move help? The transaction is happening <strong>on the Ethereum blockchain<\/strong>. On this blockchain, cryptocurrencies can be exchanged. This means that even when one has Ether and they need to make a payment, they will just convert it to USDC and then make the payment using this payment method.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/04\/visa.jpg\" alt=\"Visa allows Payment in Crypto\" class=\"wp-image-3190\" width=\"401\" height=\"359\" srcset=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/04\/visa.jpg 450w, https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/04\/visa-300x269.jpg 300w\" sizes=\"(max-width: 401px) 100vw, 401px\" \/><\/figure><\/div>\n\n\n<p><strong>This move is between Visa and Crypto.com<\/strong>, where Crypto.com is the converter of the digital currency to fiat currency. Visa&#8217;s move is to allow fintech companies to be able to run and manage their companies with cryptocurrencies with ease. The compagnie is also trying to keep up with the world, people are now demanding the use of digital currency therefore they are providing consumers with an option.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"a-well-run-assembly\"><span class=\"ez-toc-section\" id=\"A_well_run_assembly\"><\/span>A well run assembly<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is worth mentioning that <strong>Visa is working with Anchorage<\/strong> which is a chartered digital asset bank and is the Visa digital currency settlement partner. Therefore, Visa and Anchorage which is the pilot for settlement are working together to allow the transfer of USDC and conversion to fiat dollar possible.&nbsp;<\/p>\n\n\n\n<p>That is not all, one can use their crypto holdings <strong>as collateral for acquiring a fiat loan<\/strong>. This move is aiming at boosting the use of crypto. Institutions are now embracing the use of crypto and that is changing the cashless narrative which still involved fiat to what is a digital or virtual currency.<\/p>\n\n\n\n<p><strong>The announcement has influenced the increase in the value of Bitcoin<\/strong>. Bitcoin is now trading at highs of $58,000. Bitcoin has been trading below $56,000 looking for a spike and finally, a bullish breakout came after the announcement.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"wp-block-social-warfare-social-warfare\"><div class=\"swp_social_panel swp_horizontal_panel swp_flat_fresh  swp_default_full_color swp_individual_full_color swp_other_full_color scale-100  scale-\" data-min-width=\"1100\" data-float-color=\"#ffffff\" data-float=\"none\" data-float-mobile=\"none\" data-transition=\"slide\" data-post-id=\"2802\" ><div class=\"nc_tweetContainer swp_share_button swp_twitter\" data-network=\"twitter\"><a class=\"nc_tweet swp_share_link\" rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/intent\/tweet?text=Visa+allows+Payment+in+Crypto&url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fvisa-allows-payment-in-crypto%2F&via=WallOfTraders\" data-link=\"https:\/\/twitter.com\/intent\/tweet?text=Visa+allows+Payment+in+Crypto&url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fvisa-allows-payment-in-crypto%2F&via=WallOfTraders\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_twitter_icon\"><\/i><span class=\"swp_share\">Tweet<\/span><\/span><\/span><\/span><\/a><\/div><div class=\"nc_tweetContainer swp_share_button swp_facebook\" data-network=\"facebook\"><a class=\"nc_tweet swp_share_link\" rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/share.php?u=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fvisa-allows-payment-in-crypto%2F\" data-link=\"https:\/\/www.facebook.com\/share.php?u=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fvisa-allows-payment-in-crypto%2F\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_facebook_icon\"><\/i><span class=\"swp_share\">Share<\/span><\/span><\/span><\/span><\/a><\/div><div class=\"nc_tweetContainer swp_share_button swp_linkedin\" data-network=\"linkedin\"><a class=\"nc_tweet swp_share_link\" rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/cws\/share?url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fvisa-allows-payment-in-crypto%2F\" data-link=\"https:\/\/www.linkedin.com\/cws\/share?url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fvisa-allows-payment-in-crypto%2F\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_linkedin_icon\"><\/i><span class=\"swp_share\">Share<\/span><\/span><\/span><\/span><\/a><\/div><div class=\"nc_tweetContainer swp_share_button swp_pinterest\" data-network=\"pinterest\"><a rel=\"nofollow noreferrer noopener\" class=\"nc_tweet swp_share_link noPop\" href=\"https:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fvisa-allows-payment-in-crypto%2F\" onClick=\"event.preventDefault(); \r\n\t\t\t\t\t\t\tvar e=document.createElement('script');\r\n\t\t\t\t\t\t\te.setAttribute('type','text\/javascript');\r\n\t\t\t\t\t\t\te.setAttribute('charset','UTF-8');\r\n\t\t\t\t\t\t\te.setAttribute('src','\/\/assets.pinterest.com\/js\/pinmarklet.js?r='+Math.random()*99999999);\r\n\t\t\t\t\t\t\tdocument.body.appendChild(e);\r\n\t\t\t\t\t\t\" ><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_pinterest_icon\"><\/i><span class=\"swp_share\">Pin<\/span><\/span><\/span><\/span><\/a><\/div><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><em>This article is not investment advice. Do your own research before investing in the crypto currency market.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Visa allows to pay in crypto based on dollar price When a payment giant like Visa goes crypto, it does not play. Visa has now started allowing payments with USDC for Visa cardholders who hold USDC in their wallets. As many payment vendors have been working on, Visa has conquered the wait and went &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Visa allows Payment in Crypto\" class=\"read-more button\" href=\"https:\/\/walloftraders.com\/blog\/en\/visa-allows-payment-in-crypto\/#more-2802\" aria-label=\"More on Visa allows Payment in Crypto\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":3191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[194],"tags":[],"class_list":["post-2802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","masonry-post","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - 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