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Visa's Q1 Earnings Call Revealed It Plans to Work With Wallets and Exchanges to Enable Visa Users to Purchase Crypto-assets

Amy Liu

Summary: Visa dedicated a section to crypto during its Q1 2021 earnings call today. In his prepared remarks, CEO Alfred Kelly said Visa is poised to make crypto payments safer and more widely used through its partnership approach.  Kelly said Visa plans to work with wallets and exchanges to enable Visa users to purchase crypto-assets, and ...

Visa dedicated a section to crypto during its Q1 2021 earnings call today. In his prepared remarks, CEO Alfred Kelly said Visa is poised to make crypto payments safer and more widely used through its partnership approach. 

Kelly said Visa plans to work with wallets and exchanges to enable Visa users to purchase crypto-assets, and to allow users to cash out and make fiat purchases with their crypto.

Visa views cryptocurrency as "digital gold" and stablecoins and CBDCs as "an emerging payments innovation that could have the potential to be used for global commerce."

By Amy Liu

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