Visa Responds to Report That Its Crypto Plans Are on Hold By DailyCoin

[ad_1]

© Reuters. Visa Responds to Report That Its Crypto Plans Are on Hold
  • Cuy Sheffield, Visa’s head of crypto, said the company is still working with crypto companies.
  • Visa (NYSE:) believes that stablecoins have the potential to play an important role in the payments ecosystem.
  • Visa had signed a partnership with FTX a month before it collapsed.

Despite the recent wave of bankruptcies in the industry and the looming regulatory concerns, payment services giant Visa is still bullish on crypto.

Responding to a report by Reuters that said that Visa is pausing its crypto efforts, Cuy Sheffield, head of crypto at Visa, said that the company continues to work with crypto companies.

“We continue to partner with crypto companies to improve fiat on and off ramps as well as progress on our product roadmap to build new products that can facilitate stablecoin payments…

Continue Reading on DailyCoin

[ad_2]

Source link

© Reuters. Visa Responds to Report That Its Crypto Plans Are on Hold
  • Cuy Sheffield, Visa’s head of crypto, said the company is still working with crypto companies.
  • Visa (NYSE:) believes that stablecoins have the potential to play an important role in the payments ecosystem.
  • Visa had signed a partnership with FTX a month before it collapsed.

Despite the recent wave of bankruptcies in the industry and the looming regulatory concerns, payment services giant Visa is still bullish on crypto.

Responding to a report by Reuters that said that Visa is pausing its crypto efforts, Cuy Sheffield, head of crypto at Visa, said that the company continues to work with crypto companies.

“We continue to partner with crypto companies to improve fiat on and off ramps as well as progress on our product roadmap to build new products that can facilitate stablecoin payments…

Continue Reading on DailyCoin

Add a Comment

Your email address will not be published. Required fields are marked *