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 | 91.2% | 10 | $26 880.37 | -0.11% | 2.52% | $521 207 950 673 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 90% | 5 | $1 862.41 | 0.18% | 4.02% | $223 946 300 992 |  |
|
| 3 |  USDT |
Tether predictions | 94% | 1 | $1.000168 | -0.02% | 0.03% | $83 236 325 280 |  |
|
| 4 |  BNB |
Binance Coin predictions | 96% | 1 | $304.82 | -0.27% | 0.25% | $47 508 351 019 |  |
|
| 5 |  USDC |
USD Coin predictions | 94.8% | 1 | $1.000069 | 0% | 0.02% | $28 856 163 592 |  |
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| 6 |  XRP |
XRP predictions | 79.6% | 37 | $0.504767 | -0.22% | 12.47% | $26 239 506 800 |  |
|
| 7 |  ADA |
Cardano predictions | 92.4% | 10 | $0.364637 | -2.18% | 2.22% | $12 719 876 147 |  |
|
| 8 |  STETH |
Lido stETH predictions | 95.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 86% | 17 | $0.071674 | 0.64% | 2.29% | $10 004 786 652 |  |
|
| 10 |  MATIC |
Polygon predictions | 82.4% | 35 | $0.892550 | 0.70% | 1.16% | $8 282 393 470 |  |
|
| 11 |  SOL |
Solana predictions | 82.4% | 29 | $20.68 | 0.89% | 7.46% | $8 201 498 865 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 81.6% | 37 | $0.075037 | -0.51% | -3.01% | $7 629 482 435 |  |
|
| 13 |  LTC |
Litecoin predictions | 77.6% | 37 | $94.96 | 6.81% | 12.21% | $6 936 825 862 |  |
|
| 14 |  TRX |
TRON predictions | 82.8% | 33 | $0.075005 | -0.50% | -3.12% | $6 766 858 517 |  |
|
| 15 |  DOT |
Polkadot predictions | 90.8% | 10 | $5.23 | -1.01% | -0.14% | $6 224 782 114 |  |
