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 | 83.6% | 28 | $19 085.93 | 0.16% | -4.86% | $365 687 826 427 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 73.6% | 56 | $1 330.59 | 0.20% | -8.61% | $163 019 868 487 |  |
|
| 3 |  USDT |
Tether predictions | 92% | 1 | $1.000069 | 0% | 0% | $67 959 400 501 |  |
|
| 4 |  USDC |
USD Coin predictions | 92.4% | 1 | $1.000044 | 0% | 0% | $49 716 689 539 |  |
|
| 5 |  BNB |
Binance Coin predictions | 86.8% | 17 | $278.60 | -1.43% | 0.09% | $44 948 812 408 |  |
|
| 6 |  XRP |
XRP predictions | 63.2% | 72 | $0.487123 | -1.92% | 25.79% | $24 282 482 106 |  |
|
| 7 |  BUSD |
Binance USD predictions | 93.6% | 1 | $1.000499 | 0.07% | -0.05% | $20 527 487 034 |  |
|
| 8 |  ADA |
Cardano predictions | 82.4% | 32 | $0.459553 | -0.29% | -5.59% | $15 730 121 389 |  |
|
| 9 |  SOL |
Solana predictions | 81.6% | 31 | $33.92 | 0.34% | 0.25% | $12 029 202 620 |  |
|
| 10 |  STETH |
Lido stETH predictions | 92.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  DOGE |
Dogecoin predictions | 87.6% | 15 | $0.062968 | -3.83% | 2.38% | $8 353 974 589 |  |
|
| 12 |  DOT |
Polkadot predictions | 74.4% | 43 | $6.33 | -1.59% | -9.61% | $7 092 680 964 |  |
|
| 13 |  DAI |
Dai predictions | 92.4% | 1 | $0.999909 | -0.04% | 0.03% | $6 928 506 678 |  |
|
| 14 |  MATIC |
Polygon predictions | 70% | 54 | $0.760141 | -1.47% | -8.07% | $6 639 314 367 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 77.2% | 42 | $0.000011 | 1.62% | -3.95% | $6 265 382 802 |  |
