Visa Partners with Coinbase for Instant Crypto Payments, Enhancing Trading Opportunities
Visa has teamed up with Coinbase to offer real-time payments, allowing Visa debit card users to instantly deposit funds into their Coinbase accounts.
This collaboration enhances crypto transaction capabilities and aims to reduce market volatility.
With this initiative, users can make immediate crypto purchases and transfer funds directly to their bank accounts, ensuring 24/7 access to trading opportunities.
Visa’s partnership comes as the cryptocurrency industry faces challenges with traditional banking systems due to regulatory uncertainties. However, clearer global regulations could help bridge this gap.
READ MORE: Vitalik Buterin Introduces The Splurge – The Update That Will Transform Ethereum
Coinbase is also set to announce its third-quarter earnings, with expectations of an EPS of $0.41 and $1.25 billion in revenue. The company’s stock, COIN, has risen 40% this year but remains about 30% below its IPO price from 2021.
Additionally, Coinbase continues to address regulatory challenges from the U.S. SEC, with CEO Brian Armstrong advocating for an apology and the withdrawal of certain cases.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
