“Crypto payments in C2B [consumer-to-business] merchant acceptance are still nascent today,” according to a recent white paper from payments firm Nuvei. “Crypto merchant payments today represent an estimated annual volume of $6 billion, a tiny fraction of the $10 trillion C2B global eCommerce market.” Source link … [Read more...] about FTX Readies Visa Debit Card for Users to Spend Crypto Balances
VISA
Visa Partners With ConsenSys to Help Bridge CBDCs With Traditional Finance
Payments giant Visa has teamed up with Ethereum scaling firm ConsenSys to help central bank digital currency (CBDC) networks bridge the gap with traditional financial institutions.Customers will eventually be able to use their CBDC-linked Visa card or digital wallet anywhere that Visa is accepted globally, Catherine Gu, Visa’s head of CBDC, said in a blog post Q&A with … [Read more...] about Visa Partners With ConsenSys to Help Bridge CBDCs With Traditional Finance
Solana Could Become the ‘Visa of Digital-Asset World’: Bank of America
“Solana prioritizes scalability, but a relatively less decentralized and secure blockchain has tradeoffs, illustrated by several network performance issues since inception,” Shah said. “Ethereum prioritizes decentralization and security, but at the expense of scalability, which has led to periods of network congestion and transaction fees that are occasionally larger than the … [Read more...] about Solana Could Become the ‘Visa of Digital-Asset World’: Bank of America
Payments Firm Nuvei Launches Crypto-Friendly Debit Cards With Visa
“Partnering with Nuvei, merchants on COTI’s blockchain finance network stand to benefit from increased adoption as a result of being able to accept cryptocurrency as a payment option,” Nuvei said in the statement. Customers of Nuvei’s partners will be able to sell their crypto holdings, while also using the resulting funds anywhere that Visa is accepted. Source link … [Read more...] about Payments Firm Nuvei Launches Crypto-Friendly Debit Cards With Visa
Vitalik Buterin outlines path to ETH 2.0, Visa launches crypto advisory service, Biden’s anti-crypto nominee for Comptroller withdraws: Hodler’s Digest, Dec. 5-11
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekVitalik Buterin outlines ‘endgame’ roadmap for ETH 2.0With the long-awaited transition to Eth2 … [Read more...] about Vitalik Buterin outlines path to ETH 2.0, Visa launches crypto advisory service, Biden’s anti-crypto nominee for Comptroller withdraws: Hodler’s Digest, Dec. 5-11