Visa Inc. discussed its crypto strategy and achievements during the company’s earnings call Thursday. Visa CEO Al Kelly said: “Many current trends in payments, including … crypto, and wallets, are enabling new ways to pay. These represent opportunities for Visa.”
Recently, Bitcoin.com News reported that consumers will be able to spend cryptocurrency at 80 million merchants using crypto-linked Visa cards. However, CEO Kelly said during the call that the actual number is “closer to 100 million merchants.”
The Visa boss also revealed: “This quarter, Visa credentials and crypto wallets had more than $2.5 billion in payments volume, which is already 70% of the payments volume for all of fiscal 2021.”
