The post Why This Coinbase and Visa Partnership Is A Game-Change for Crypto Investors appeared on BitcoinEthereumNews.com.

In a recent development, financial giant Visa announced its partnership with Coinbase which can trigger a liquidity flood in the market. Users of VISA debit cards will now be able to deposit their funds directly into their Coinbase accounts almost instantly. This is a crucial development as it would facilitate real-time crypto purchases, thereby overcoming the crypto market volatility. Coinbase and Visa Brings Real-Time Crypto Payments Along with VISA, crypto exchange Coinbase has been expanding its real-time payment capabilities for customers in the US and Europe. In order to facilitate the fund flows, the company will leverage its existing debit card connections. Besides, financial giant VISA has also been expanding its crypto payment services to other parts of the world while partnering with other players like Singapore’s dtcpay. Visa has already supported the Coinbase debit card, however, it announced that the recent collaboration will allow other VISA debit card holders to instantly make crypto purchases and transfer funds to bank accounts directly through the card. Thus, users get real-time 24 x 7 access to trading opportunities. For a very long time, the digital assets industry has been facing obstacles with traditional banking and payment systems. This has largely been due to the lack of regulatory clarity as well as concerns regarding the overall market volatility. However, clearer crypto regulations worldwide—and potentially in the U.S. with the next administration—may help bridge this gap. Yanilsa Gonzalez Ore, Visa Direct’s head for North America, highlighted this move as enabling customers to “take advantage of trading opportunities day and night.” Visa is also exploring potential opportunities in the stablecoin and asset tokenization market. Last month, it entered into a partnership with Spanish banking giant BBVA by launching the Visa Tokenized Asset Platform (VTAP) aimed at facilitating the issuance and experimentation of fiat-pegged stablecoins. All…

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Filed under: News - @ October 30, 2024 6:27 am