Friday, 26 April 2024
Trending

[the_ad_group id="2845"]

Investing

Stablecoins and CBDCs might play ‘meaningful role’ in payments — Visa CEO By Cointelegraph

Novatar NFT; Minting Begins, Plans for Virtual Growth

[the_ad id="21475"]

[ad_1]


The chief executive of credit card giant Visa (NYSE:) remains confident that blockchain-powered solutions can be integrated into its services and offerings to power the next generation of payments.

Speaking on a call at Visa’s annual stockholder meeting on Jan. 24, outgoing CEO Al Kelly — who will officially step down on Feb. 1 — briefly shared the firm’s plans for Central Bank Digital Currencies (CBDCs) and private stablecoins.

A sample Visa-FTX debit card before Visa ultimately terminated the partnership agreement. Source: Yahoo Finance.