Visa CEO says payments giant is moving into crypto in a ‘very big way’

https://www.theblockcrypto.com/linked/103048/visa-ceo-crypto-earnings-call-comments

In the topic of CBDCs, Visa said that the firm is in conversation with central banks about their development, suggesting that the payments firm could play a role in that process.

“We’re talking to central banks about the criticality of public/private partnership and in particular the criticality of acceptance because for these central bank digital currencies to have value, they’re going to have to both be secure in the minds of consumers, and that’s something we have a long track record with and could help. And then secondly, obviously they have to have some form of utility,” Kelly said.

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