Visa reports over $1 billion in crypto spending in H1 2021
Global payments giant Visa will continue to support the development and adoption of the cryptocurrency industry as part of its business, the company said in its latest crypto update. In an official statement on Wednesday, Visa announced that its crypto-enabled cards processed more than $1 billion in total spending in the first half of 2021. The company noted that Visa is partnering with 50 major companies in the crypto industry as well as crypto card programs enabling users to convert and spend digital currency at 70 million merchants worldwide. Given the size of spending on Visa crypto-linked cards, the company said that “it’s clear that the crypto community sees value in linking digital currencies to Visa’s global network.”
Visa emphasized that its digital currency support does not require global merchants to accept cryptocurrencies like Bitcoin (BTC) directly though. As previously reported, Visa has been working with major crypto players like cryptocurrency exchange platform Crypto.com to enable a crypto settlement system for fiat transactions. The company has also been closely working with other major crypto companies like FTX exchange, Coinbase, CoinZoom, and others.
The firm also stated that stablecoins — cryptocurrencies pegged to the value of other assets or fiat currencies like the United States dollar — are “starting to live up the promise of digital fiat,” outlining its developer-friendly features combined with the reliability of fiat-backed reserves.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 76% | 49 | $49 177.82 | -7.92% | -10.53% | $929 035 044 566 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 82.8% | 34 | $4 092.88 | -2.38% | -0.69% | $485 446 527 829 |  |
|
| 3 |  BNB |
Binance Coin predictions | 81.2% | 30 | $563.52 | -4.86% | -7.33% | $93 995 664 394 |  |
|
| 4 |  USDT |
Tether predictions | 95.6% | 1 | $0.999981 | -0.03% | 0% | $74 156 265 433 |  |
|
| 5 |  SOL |
Solana predictions | 72% | 60 | $203.61 | -3.36% | 4.31% | $62 231 324 330 |  |
|
| 6 |  ADA |
Cardano predictions | 67.6% | 67 | $1.42 | -8.66% | -8.56% | $47 386 208 203 |  |
|
| 7 |  XRP |
XRP predictions | 71.2% | 64 | $0.847073 | -8.28% | -10.87% | $40 021 926 228 |  |
|
| 8 |  USDC |
USD Coin predictions | 96% | 2 | $0.999590 | -0.04% | -0.01% | $39 871 779 233 |  |
|
| 9 |  DOT |
Polkadot predictions | 61.6% | 74 | $29.29 | -12.73% | -17.58% | $28 929 753 364 |  |
|
| 10 |  LUNA |
Terra predictions | 68% | 62 | $74.10 | 13.99% | 67.51% | $28 735 392 986 |  |
|
| 11 |  DOGE |
Dogecoin predictions | 62.8% | 71 | $0.178634 | -10.26% | -13.05% | $23 648 648 660 |  |
|
| 12 |  AVAX |
Avalanche predictions | 64% | 74 | $92.34 | -12.64% | -18.20% | $22 411 255 216 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 63.6% | 73 | $0.000037 | -7.81% | -5.02% | $20 467 328 342 |  |
|
| 14 |  CRO |
Crypto.com Chain predictions | 58.4% | 83 | $0.605372 | -3.98% | -24.08% | $15 293 531 006 |  |
|
| 15 |  MATIC |
Polygon predictions | 69.6% | 59 | $1.99 | -10.33% | 22.67% | $13 980 255 925 |  |
