#criptonews #Inovacion #futuro #Visa #CriptoRevolución also bets on cryptocurrencies
The main competitor of Mastercard, Visa, has also been active in the crypto space. In October 2024, it partnered with Coinbase to allow some users of the exchange to withdraw and deposit crypto instantly. Additionally, it launched a Web3 digital asset platform and invested in BVNK, a stablecoin payment platform.
Buying crypto with fiat currency can be complicated, especially for people unfamiliar with the technology. This friction can hinder the adoption of cryptocurrencies and the development of the industry.
However, according to Raj Dhamodharan, Executive Vice President of Blockchain Projects and Digital Assets Partnerships at Mastercard, there is clear demand from the public.
“There’s no doubt: people want to be able to easily connect with the digital asset ecosystem, and vice versa,” said Dhamodharan.
Disclaimer: The information and/or opinions expressed in this article do not necessarily represent the views or editorial stance of Cointelegraph. The information presented here should not be taken as financial advice or investment recommendation. All investments and trading involve risks, and it is the responsibility of each individual to conduct their own research before making an investment decision.