Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Crypto-linked card spending tops $1 bln -Visa

07/07/2021 | 01:10pm EDT

In another sign of cryptocurrency's broadening adoption, Visa said on Wednesday that its customers spent more than $1 billion on its crypto-linked cards in the first half of this year.

The credit card company also said it's partnering with 50 cryptocurrency platforms to make it easier for customers to convert and spend digital currencies at millions of merchants worldwide. The move comes four months after it said it would allow consumers to use the cryptocurrency, USD Coin, to settle transactions.

But investors have somewhat soured on digital currencies, with the price of Bitcoin plunging from over $63,000 in mid-April to under $35,0000 today.


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BITCOIN - EURO -0.95% 36949.59 Real-time Quote.45.78%
BITCOIN - UNITED STATES DOLLAR -0.94% 43199.15 Real-time Quote.39.44%
Latest news "Economy & Forex"
05:58pFda to authorize 3rd pfizer shot for 65 and over, high-risk - bloomberg reporter tweet
RE
05:49pWall Street jumps after Fed policy announcement
RE
05:45pFed signals bond-buying taper coming 'soon,' rate hike next year
RE
05:44pSouth Korea foreign minister says to meet Japan counterpart on Thursday
RE
05:37pTechnology Shares Rise as Fed Looks to Reverse Stimulus -- Tech Roundup
DJ
05:34pThe WSJ Dollar Index Rises 0.20% to 87.96 -- Data Talk
DJ
05:34pEuro Lost 0.33% to $1.1689 -- Data Talk
DJ
05:34pSterling Lost 0.30% to $1.3618 -- Data Talk
DJ
05:34pDollar Gains 0.54% to 109.81 Yen -- Data Talk
DJ
05:32pFed to release paper on central bank digital currency soon, Powell says
RE
Latest news "Economy & Forex"