• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Visa Enters Decentralized Finance with Onchain Solutions

Visa Enters Decentralized Finance with Onchain Solutions

user avatar

by Kenji Takahashi

2 days ago


Visa is making a significant move into the decentralized finance (DeFi) space, seeking to integrate traditional banking systems with the innovations of blockchain technology. According to analysts cited in the report, the outlook is promising as this initiative reflects the company's commitment to adapting to the evolving financial landscape.

Visa's Focus on On-chain Solutions

The financial giant is focusing on on-chain solutions that will serve as a bridge between conventional banks and the burgeoning world of digital finance. By leveraging blockchain advancements, Visa aims to facilitate a smoother transition for banks into the digital asset ecosystem.

Strategic Initiative in the Stablecoin Market

This strategic initiative is part of Visa's broader plan to establish a foothold in the $670 billion stablecoin credit market. By encouraging greater institutional engagement with blockchain, Visa hopes to enhance banks' willingness to embrace digital assets. Ultimately, this will foster a more integrated financial environment.

As Visa explores the integration of traditional banking with blockchain technology, the Ethereum network is simultaneously addressing its own challenges through Layer 2 solutions. For more details, see Layer 2 solutions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Bitcoin's Favorable Setup Against Gold

chest

Onchain data indicates a significant shift in the BTC-Gold ratio, suggesting Bitcoin may soon outperform gold.

user avatarElias Mukuru

Li Lin Launches $1 Billion Ethereum Asset Management Firm

chest

Huobi founder Li Lin plans to establish a $1 billion Ethereum treasury asset management firm, with Avenir Capital contributing $200 million and Asian institutions committing $500 million.

user avatarDiego Alvarez

Effective Strategies for Growing a College Fund

chest

Budget-conscious families can implement various strategies to grow their college savings effectively.

user avatarFilippo Romano

CryptoAppsy Launches Personalized News Feed for Users

chest

CryptoAppsy has launched a personalized news feed that provides concise updates in Turkish, English, and Spanish, allowing users to filter news based on their portfolio.

user avatarGustavo Mendoza

Market Activity Reflects Renewed Interest in XLM

chest

Daily trading volume for XLM reaches approximately 165 million, indicating renewed interest despite the price being far from all-time highs.

user avatarKenji Takahashi

XLM Bounces Off Support and Eyes Resistance at 0335

chest

Stellar XLM shows signs of recovery after bouncing off the 0285 support level, with potential to test resistance at 0335.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.