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Crypto Payments Boom Mostly Over, According To Visa CFO

Crypto Payments Boom Mostly Over, According To Visa CFO

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According to Visa Inc.’s (NYSE:V) financial results for the third quarter of 2021, the firm processed a significant volume of cryptocurrency transactions this year — but the hype is already over. What Happened: While recent reports indicate that Visa saw its crypto cards process over $1 billion worth of payments in the first half of this year, Visa’s chief financial officer Vasant Prabhu said during a Bloomberg interview that the bulk of those transactions took place in the first two months of the quarter.

...read full article on Benzinga

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