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Visa Moving Forward With New Digital Currency Strategy, Leveraging Partnerships Across Public And Private Sectors

Emily Mason

Summary: Visa announced new plans for the future of digital currencies in a blog post on Wednesday, July 22. The company emphasized the importance of working across the public and private sectors to continue providing clients with the best financial services possible. The post mentioned the company's partnerships with crypto companies like Coinbase and Fold to ...

Visa announced new plans for the future of digital currencies in a blog post on Wednesday, July 22.

The company emphasized the importance of working across the public and private sectors to continue providing clients with the best financial services possible. The post mentioned the company's partnerships with crypto companies like Coinbase and Fold to bridge the divide between digital currencies and the 61 million merchants who trust Visa.

The post also mentioned its efforts to shape dialogues surrounding digital currencies in the public sector, citing a report with the World Economic Forum it participated in to suggest policies for Central Backed Digital Currencies.

Visa ended by stating that it plans to extend the value of digital currencies to more people and organizations and hinted that more digital currency-related projects were likely to be announced in coming months.

By Emily Mason

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