Visa is expanding capabilities to integrate various crypto networks (Ethereum, Stellar, Solana, Avalanche) to facilitate crypto-to-fiat on-ramps, challenging traditional payment rails.
6 reports, 4 independent
Updated Jul 22
Gone quiet
Reached 3 outlets in its first 24 hours
- Reports
- 6
- Developments
- 9
- 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
Visa is expanding capabilities to integrate various crypto networks (Ethereum, Stellar, Solana, Avalanche) to facilitate crypto-to-fiat on-ramps, challenging traditional payment rails.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- MetaMask is expanding its product availability globally and rolling out Mastercard-enabled spending cards.Sub-event
- Visa provides infrastructure for stablecoin card programs.Sub-event
- Kraken uses the Visa network for merchant acceptance and rewards customers with Bitcoin cashback.Sub-event
- Solana and Avalanche are noted for their fast and cheap transaction capabilities compared to Ethereum.Sub-event
- MoneyGram is offering alternative cross-border payment methods by allowing cash deposits to access Bitcoin and utilizing the Solana network for infrastructure expansion.Sub-event
- Visa announced major product developments, including expanding stablecoin settlement capabilities to Solana and Ethereum, and forming digital payment collaborations with Worldpay and Nuvei.Sub-event
Visa is integrating multiple crypto networks to enable crypto-to-fiat on-ramps.1 source
Rain partnered with Visa to push stablecoin-linked cards, utilizing Rain infrastructure for Meta and Amazon payouts.1 source
Show 1 earlier step
- Major players are adopting stablecoins, driving alternatives to traditional card payments.
Keep exploring
The entities involved
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Ethereum
public blockchain platform with programmable transaction functionality
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Visa Inc.
American multinational financial services corporation
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Solana
Mexican cottage manufacturer of sporting cars
- Tokenized asset distribution is being enabled using blockchain technology, involving Solana, Ondo, Ethereum, and major companies like Nvidia and Tesla.
- Attackers are exploiting developer platforms and content sites to distribute malware and run phishing campaigns, leveraging GitHub, SourceForge, WordPress, and YouTube.
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Amazon
American multinational technology company
Related events
- COCA is expanding its stablecoin support across multiple blockchains, including Ethereum, Avalanche, Gnosis, and BASE, utilizing cross-chain execution via Aurora Intents.
- Ark Invest, Visa, BlackRock, and Mastercard discuss the challenges and announcements surrounding stablecoins, including regulatory hurdles and market adoption.
- Galaxy Digital is offering crypto-backed lines of credit utilizing Bitcoin, staked Solana, and Ethereum.
- Industry leaders like Circle, Stripe, Robinhood, and Coinbase are exploring proprietary blockchain solutions to meet the demands of decentralized payments.
- Visa Inc. is reportedly investing in an agentic software platform and exploring stablecoin settlement possibilities through the Canton Network.
Coverage
Newest first; wire copies grouped- yahoo.com
- ZacksVisa's Future in the Stablecoin Era: Friend, Foe, or Frenemy? For Visa Inc. V, whose “cash cow” interchange revenues hinge on card-based transactions, the surge of stablecoins represents both a loomi
- decryptFintech Rain Raises $58 Million to Fuel Stablecoin Push on Visa Network Stablecoin-backed card company Rain, which partnered with Visa this year, has raised $58 million as part of a series B funding
- Herald-TribuneWhat are stablecoins and why are Visa and Mastercard so concerned? | Retire on Track If you’ve never heard of stablecoins, you’re not alone. But if you’ve ever paid a bank fee, tapped your card at a
- Unknown outlet
- Unknown outlet