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 | 72.4% | 54 | $67 992.56 | 1.35% | 2.18% | $1 341 608 846 080 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 77.6% | 47 | $3 268.77 | 0.51% | -6.28% | $392 998 641 636 |  |
|
| 3 |  USDT |
Tether predictions | 93.6% | 1 | $1.000111 | 0.02% | -0.05% | $114 341 903 845 |  |
|
| 4 |  SOL |
Solana predictions | 65.2% | 70 | $187.15 | 5.00% | 10.88% | $86 950 076 572 |  |
|
| 5 |  BNB |
Binance Coin predictions | 79.2% | 42 | $587.18 | 1.64% | -0.31% | $85 685 293 473 |  |
|
| 6 |  USDC |
USD Coin predictions | 91.6% | 1 | $1.000122 | 0.01% | 0.01% | $34 147 378 826 |  |
|
| 7 |  XRP |
XRP predictions | 60.4% | 86 | $0.600376 | -0.28% | 1.62% | $33 597 543 281 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 74% | 55 | $0.134249 | 3.50% | 5.97% | $19 504 454 105 |  |
|
| 9 |  TON |
Toncoin predictions | 84.8% | 29 | $6.72 | -0.41% | -8.16% | $16 914 629 714 |  |
|
| 10 |  ADA |
Cardano predictions | 75.2% | 49 | $0.416969 | 0.87% | -4.75% | $14 970 823 076 |  |
|
| 11 |  TRX |
TRON predictions | 87.2% | 18 | $0.137122 | 0.49% | 1.69% | $11 938 028 529 |  |
|
| 12 |  AVAX |
Avalanche predictions | 79.2% | 38 | $28.57 | 1.38% | 1.50% | $11 278 950 659 |  |
|
| 13 |  STETH |
Lido stETH predictions | 92% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 90.8% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 80.8% | 30 | $0.000017 | 2.28% | -3.53% | $10 112 019 376 |  |
