2min chapter

Bankless cover image

93 - Crypto Payments and the DeFi Mullet | Visa's Cuy Sheffield and Anchorage's Diogo Mónica

Bankless

CHAPTER

Visa and Fintek - Are They All in on This Crypto Journey?

In our fiscal year, which ended end of september thirtieth, we saw over three billion dollars of payment volume coming from crypto linked visa cards. On the broad scheme of over ten trillion dollars that visa does, is very, very small. But that virtually didn't exist a year and a half, two years ago. And so we see this growing at a very, very fast pace. As more crypto companies issue credentials, as consumers confine the value prop particularly with crypto rewards, we think that that's going to become a very significant thing.

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