Visa is winning the battle for crypto cards. It's now poised to bring Crypto-as-a-Service to financial institutions

Quick Take

  • The world’s largest payment companies are investing and building for a digital asset future
  • The latest crypto numbers from PayPal, Square, and even Robinhood suggest user acquisition, engagement, and monetization levers via crypto offerings can be even greater than originally expected
  • Visa’s established global crypto card network, partnerships with USDC and Anchorage, and robust API tooling have positioned the company to expand Crypto-as-as-Service capabilities to broader financial institutions and banks interested in supporting crypto purchase capabilities
As pointed out in last week’s coverage of Coinbase’s S-1, the crypto-economy is roaring. In the past 30 days alone, there have been more than a trillion dollars worth of crypto-asset trading volume, $400 billion worth of stablecoin transaction volume on public blockchain networks, ~$100 billion in trading volume on smart-contract based decentralized exchanges, $250 million sales volume […]

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