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 | 62.4% | 76 | $23 195.66 | -1.29% | -1.50% | $447 262 989 624 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 69.2% | 57 | $1 649.37 | -2.09% | 2.18% | $201 839 732 133 |  |
|
| 3 |  USDT |
Tether predictions | 91.2% | 1 | $1.000217 | 0.01% | 0% | $68 079 422 781 |  |
|
| 4 |  BNB |
Binance Coin predictions | 79.6% | 38 | $328.36 | -0.90% | 4.32% | $51 848 565 385 |  |
|
| 5 |  USDC |
USD Coin predictions | 93.2% | 1 | $0.999942 | -0.01% | -0.03% | $41 988 565 849 |  |
|
| 6 |  XRP |
XRP predictions | 74.8% | 42 | $0.404201 | -2.02% | -1.97% | $20 533 036 252 |  |
|
| 7 |  BUSD |
Binance USD predictions | 91.6% | 1 | $0.999723 | -0.07% | -0.02% | $16 253 765 776 |  |
|
| 8 |  ADA |
Cardano predictions | 69.2% | 64 | $0.393348 | -2.60% | 1.16% | $13 613 460 494 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 74.8% | 51 | $0.092617 | -1.65% | 3.10% | $12 287 566 308 |  |
|
| 10 |  MATIC |
Polygon predictions | 68% | 67 | $1.21 | -2.86% | 1.52% | $10 591 629 612 |  |
|
| 11 |  STETH |
Lido stETH predictions | 92.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 12 |  SOL |
Solana predictions | 56.8% | 86 | $23.67 | -4.58% | -3.57% | $8 819 921 992 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 67.6% | 73 | $0.000014 | 1.35% | 19.81% | $7 914 712 336 |  |
|
| 14 |  DOT |
Polkadot predictions | 67.2% | 66 | $6.70 | -4.41% | 1.44% | $7 726 491 964 |  |
|
| 15 |  HEX |
HEX predictions | 70% | 60 | $0.041030 | -11.76% | 52.80% | $7 114 999 412 |  |
