Kraken uses the Visa network for merchant acceptance and rewards customers with Bitcoin cashback.
2 reports, 1 independent
Updated Aug 18
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Kraken uses the Visa network for merchant acceptance and rewards customers with Bitcoin cashback.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Visa is expanding capabilities to integrate various crypto networks (Ethereum, Stellar, Solana, Avalanche) to facilitate crypto-to-fiat on-ramps, challenging traditional payment rails.Also in this story
- MetaMask is expanding its product availability globally and rolling out Mastercard-enabled spending cards.
- MoneyGram is offering alternative cross-border payment methods by allowing cash deposits to access Bitcoin and utilizing the Solana network for infrastructure expansion.
- Visa announced major product developments, including expanding stablecoin settlement capabilities to Solana and Ethereum, and forming digital payment collaborations with Worldpay and Nuvei.
The entities involved
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Kraken
cryptocurrency exchange
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Visa Inc.
American multinational financial services corporation
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Bitcoin
digital cash system and associated currency
Related events
- Visa and Shopify now facilitate autonomous consumer transactions.
- Visa Inc. and Mastercard are testing live AI agent-initiated payments, leveraging partnerships with companies like Klook and AWS to drive card usage in Southeast Asia.
- Visa Inc., Mastercard, Circle, Ripple, Robinhood, and Bitget Wallet have formed a partnership to integrate card spending into their financial ecosystem.
- Visa Inc. and Mastercard are accepted for digital payment integration.
- Visa Inc. announced several new partnerships, including with Solana and Circle, and Kraken launched a debit card on its network.