Leading payment Giant, Visa, has recently revealed that it has advanced within the incorporation of Bitcoin [BTC] along with other Cryptocurrencies into its payment protocols.
The firm emphasized that this giant step was taken after it recognized the likelihood that digital assets will become the future of money.
As revealed within the release, the launch of Bitcoin that happened over a decade ago, born out of the innovation of a digital version of money, has over the years become an eminent idea, because it has combined the advantages of crypto currencies with fiats alongside the USD.
The emergence of fiat-backed digital currencies referred “stablecoins”, has further boosted the potentiality of cryptocurrency; however, Visa has been active within the crypto ecosystem, as it has partnered with crypto platforms like Coinbase and Fold.
Visa also explained that it’s included Bitcoin [BTC] and other digital currency wallets into its FastTrack protocol, permitting Visa’s global network of over 61 Mln brokers to integrate with fintech.
The payment giant emphasized that this is often just the start of its stride towards cryptocurrency assets. Visa aims at releasing more roadmaps supported incorporating cryptocurrency assets in subsequent times.
The payment solution added that last year, it even funded an investment trust built on security infrastructure for the digital assets ecosystem as a part of its activities to repeatedly expand its rendering of cryptocurrency services.
Additionally, it said it believes that Bitcoin [BTC] and other cryptocurrencies are potentially endowed to require e-payment services to billions of individuals within the four corners of the world, hence, the firm has been giving its best to support the digital assets.
It was also revealed within the release that the Visa global network is at the instant, working along side the world-leading policymakers and regulators, to make sure that the mixing of the digital assets showcases its values and therefore the firm’s position on issues concerning privacy, security, trust, and integrity.