Visa Inc is the largest payment processor around the globe, which has launched a global crypto advisory service for clients such as banks and merchants; digital currencies are adopting for gaining steam.
Moving towards Visa is a coming backdrop for unprecedented investor demand for crypto services. Also, the company is offering the latest geared to attract or retain existing investors with crypto, retailers looking to delve into non-fungible tokens (NFTs), or central banks exploring digital currencies. Educating institutions about cryptocurrencies allows clients to use the network processor for digital payment offerings as well as helping manage backend operations.
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“We came to Visa to learn more about crypto and stablecoins and the use cases that are most relevant for our retail and commercial business lines,” said Uma Wilson, executive vice president at UMB Bank, a regional US lender.
