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 | 82.8% | 27 | $63 309.13 | 0.95% | -5.35% | $1 246 393 782 897 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 78% | 45 | $3 033.62 | -0.33% | -6.19% | $364 256 381 205 |  |
|
| 3 |  USDT |
Tether predictions | 95.2% | 1 | $1.000450 | -0.02% | 0.02% | $109 518 778 683 |  |
|
| 4 |  BNB |
Binance Coin predictions | 89.6% | 18 | $552.19 | 1.03% | -5.92% | $82 571 261 386 |  |
|
| 5 |  SOL |
Solana predictions | 75.6% | 51 | $141.04 | 1.78% | -7.13% | $63 020 855 293 |  |
|
| 6 |  USDC |
USD Coin predictions | 91.2% | 2 | $0.999972 | -0.02% | 0.02% | $33 894 870 413 |  |
|
| 7 |  XRP |
XRP predictions | 73.2% | 58 | $0.501177 | 0.93% | -8.43% | $27 629 460 094 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 67.6% | 60 | $0.154590 | 3.59% | -9.53% | $22 254 042 594 |  |
|
| 9 |  TON |
Toncoin predictions | 69.2% | 64 | $5.96 | -8.78% | -8.33% | $20 693 361 722 |  |
|
| 10 |  ADA |
Cardano predictions | 67.2% | 60 | $0.468682 | 3.07% | -6.71% | $16 696 646 499 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 57.6% | 85 | $0.000023 | 1.71% | -6.65% | $13 440 472 520 |  |
|
| 12 |  AVAX |
Avalanche predictions | 71.2% | 60 | $34.40 | -0.21% | -11.72% | $13 003 638 554 |  |
|
| 13 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WBTC |
Wrapped Bitcoin predictions | 84% | 31 | $63 602.91 | 0.93% | -4.97% | $9 882 857 644 |  |
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| 15 |  WTRX |
Wrapped TRON predictions | 85.2% | 18 | $0.110153 | 0.89% | -4.19% | $9 649 768 936 |  |
