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Visa CEO: Payments Giant is Moving into Crypto in a 'Very Big Way'

Amy Liu

Summary: Visa CEO Al Kelly discussed the payments giant's crypto ambitions during an earnings call on Tuesday, describing the firm as "extremely well-positioned" to do so.  During the Tuesday earnings call, Kelly again drew a distinction between the different elements of the broader plan, citing the spending and purchase of cryptocurrencies, crypto-related APIs for financial institutions, ...

Visa CEO Al Kelly discussed the payments giant's crypto ambitions during an earnings call on Tuesday, describing the firm as "extremely well-positioned" to do so. 

During the Tuesday earnings call, Kelly again drew a distinction between the different elements of the broader plan, citing the spending and purchase of cryptocurrencies, crypto-related APIs for financial institutions, settlements via stablecoins and CBDCs. 

By Amy Liu

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