# Сопутствующие статьи по теме Visa

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Visa", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Visa Effect

Visa Effect: A Blueprint for Stablecoin Network Growth The article draws parallels between the fragmented early days of the credit card industry and the current state of stablecoins. In the 1960s, numerous banks operated isolated payment networks, creating settlement chaos. Visa succeeded not just through technology, but by creating a cooperative, independent structure that aligned incentives. It acted as a neutral third party, allowing member banks to share profits proportionally, have governance rights, and initially adhere to exclusivity clauses. This fostered powerful network effects. Today, stablecoins face similar fragmentation, with over 300 stablecoins listed on Defillama. Services that enable protocols to issue their own branded stablecoins (e.g., Ethena, Anchorage Digital) are compared to the failed BankAmericard model, which only fractures liquidity and prevents any single stablecoin from achieving mainstream network effects. The proposed solution is a Visa-like model for stablecoins: an independent, third-party cooperative. Issuers and applications supporting a specific asset class would join, share in reserve yields, and have governance rights over the stablecoin's development. This structure would consolidate liquidity, create internal compounding network effects, and drive widespread adoption.

marsbit01/15 01:53

The Wall Street Maverick, Vance's Aide, and a Century-Old Bank: Lead Bank

Lead Bank, a century-old community bank from Missouri, has transformed into a fintech and crypto-friendly banking leader under the leadership of Wall Street veteran Jackie Reses. After acquiring the bank in 2022, Reses and her team rebuilt its core systems in-house, avoiding reliance on third-party middleware—a key vulnerability that caused industry-wide disruptions following the collapse of firms like Synapse. Lead Bank serves major fintech clients like Revolut and Ramp and is one of the first banks to support Visa’s USDC settlement on Solana. Its strategy focuses on low-cost transactional deposits from fintech and crypto firms, generating revenue primarily through fees rather than interest margins. With strong regulatory connections, including ties to the White House via Reses’s brother, the bank has navigated compliance challenges while positioning itself at the intersection of traditional banking and digital asset innovation. As of 2025, Lead Bank’s assets have doubled to $1.97 billion, driven by its tech-native approach and emphasis on real-time API-based banking services.

marsbit01/14 03:40

The Wall Street Maverick, Vance's Aide, and a Century-Old Bank: Lead Bank

marsbit01/14 03:40

BlackRock and Visa's Big Bet on Stablecoins: What Do the Smart Money See?

The stablecoin market reached a historic high of $317 billion in January 2026, but the real story lies in the strategic moves by major financial institutions. BlackRock launched BUIDL, a tokenized money market fund on a public blockchain, surpassing $2 billion by late 2025, highlighting the drive for efficiency, lower costs, and broader accessibility. USDC, growing 73% in 2025, outpaced USDT’s 36% growth, driven by regulatory clarity from the U.S. GENIUS Act and EU’s MiCA compliance, making it the preferred choice for regulated entities like Visa, which integrated USDC for settlements. Visa’s adoption reflects a defensive strategy against stablecoins disrupting cross-border payments, with stablecoin transaction volumes reaching $46 trillion in 2025. Other payment giants, including Stripe and PayPal, are also aggressively entering the space. Meanwhile, banks like JPMorgan are leveraging blockchain for internal efficiency, processing over $3 billion daily via its JPM Coin system. Key trends include the rapid growth of real-world asset (RWA) tokenization, a clear regulatory path favoring compliant stablecoins, the restructuring of payment infrastructure, and market bifurcation into payment-focused (e.g., USDC) and yield-bearing stablecoins (e.g., Ondo’s USDY). This shift marks stablecoins' evolution from a crypto niche to a foundational component of the global financial system.

marsbit01/13 14:00

BlackRock and Visa's Big Bet on Stablecoins: What Do the Smart Money See?

marsbit01/13 14:00

Crypto Payments Hit A Turning Point With Visa Card Use Up Over 500%

Visa-backed cryptocurrency cards experienced a dramatic surge in consumer spending in 2025, with a 525% increase in net spend—growing from $14.6 million in January to $91.3 million by December. Leading this growth were cards from EtherFi and Cypher, which dominated the majority of transactions. The steady, month-over-month rise indicates growing user adoption, with cardholders increasingly using crypto balances directly for everyday purchases instead of converting to fiat. Visa has expanded its support for stablecoins and tokenized payments, aligning with this trend. While still not mainstream due to regulatory and acceptance barriers, crypto payments are transitioning from niche experiments to real-world use.

bitcoinist01/05 15:03

Crypto Payments Hit A Turning Point With Visa Card Use Up Over 500%

bitcoinist01/05 15:03

Visa-Issued Crypto Card Spending Soars 525% in 2025, Led by EtherFi

In 2025, spending via Visa-issued crypto cards surged by 525%, growing from $14.6 million in January to $91.3 million in December, according to Dune Analytics. This growth signals a shift from crypto as purely an investment to a medium for everyday transactions. EtherFi led this expansion, processing $55.4 million—over 60% of all Visa crypto card payments—followed by Cypher with $20.5 million. These cards function like traditional debit cards but are linked to crypto wallets, allowing users to spend the value of staked or locked cryptocurrencies like ETH at regular merchants. Key drivers include clearer regulations, improved user experience, economic uncertainty, and Visa’s trusted payment network. Stablecoin transaction volume also exceeded $2.5 trillion, dominated by USDT and USDC. The trend underscores crypto’s growing use in travel, online shopping, and cross-border payments, accelerating its path toward mass adoption.

TheNewsCrypto01/05 13:20

Visa-Issued Crypto Card Spending Soars 525% in 2025, Led by EtherFi

TheNewsCrypto01/05 13:20

MEXC Partners With ether.fi To Launch the Enhanced Payment Card With up to 4% Cashback

MEXC has partnered with ether.fi to launch the enhanced MEXC × ether.fi Card, offering users up to 4% instant cashback on purchases globally via Apple Pay or Google Pay. The card provides multiple benefits, including global payment access at over 150 million Visa-accepted locations, flexible crypto spending from ether.fi balances, on-chain asset control, and various top-up options. Cardholders also gain exclusive rewards such as travel perks, DeFi incentives, and additional cashback from referrals. This collaboration aims to advance the spending experience using cryptocurrency, making it more accessible and rewarding for the global crypto community.

TheNewsCrypto12/22 10:18

MEXC Partners With ether.fi To Launch the Enhanced Payment Card With up to 4% Cashback

TheNewsCrypto12/22 10:18

The On-Chain Game of Payment Giants: The Battle for a $40 Trillion Settlement Layer

The payment industry, while perceived as traditional, remains one of the earliest and most adaptable parts of the financial system to technological transformation. While the market continues to debate whether cryptocurrencies are assets, payment giants Visa and Mastercard have reached a consensus on a more fundamental issue: the need for a more efficient settlement layer that can integrate with existing payment systems, rather than requiring a complete overhaul. Their answer is stablecoins. Visa has begun integrating USDC stablecoin settlements via the Solana blockchain for U.S. banks, emphasizing standardization and productization rather than disruptive innovation. This allows for near-instant, 24/7 settlements, reducing liquidity constraints and transaction times, all while maintaining a seamless experience for end-users. Meanwhile, Mastercard is pursuing a multi-chain strategy, partnering with entities like Ripple and Gemini to build a flexible compliance layer that connects traditional finance with on-chain settlement networks. This approach prioritizes adaptability across various stablecoins and blockchain environments, particularly for cross-border and B2B payments. Both companies recognize that the real competition is not about individual stablecoin growth, but about controlling the future settlement layer—where an estimated $40 trillion in credit market activity could be redefined. The shift toward programmable settlement tools could reshape core financial processes like credit issuance and risk management. This transition is occurring quietly in the background—a technical migration that is gradual but likely irreversible. As major payment networks adopt on-chain settlement capabilities, blockchain is becoming embedded within the infrastructure of finance itself, changing the underlying logic of how value moves globally.

marsbit12/18 10:03

The On-Chain Game of Payment Giants: The Battle for a $40 Trillion Settlement Layer

marsbit12/18 10:03

Pouring Cold Water: Crypto Cards Might Have No Future

Crypto cards are merely a temporary solution to bridge cryptocurrency into mainstream adoption and global payments, but they fundamentally contradict core crypto values of decentralization and permissionless access. These cards are not true crypto products; they rely on traditional banking infrastructure (like Visa/Mastercard) and add abstraction layers that introduce extra fees, compliance risks, and centralization. They lack privacy, require KYC, and do not enable direct spending of cryptocurrencies like stablecoins or ETH. Instead, they convert crypto to fiat, reinforcing the existing financial gatekeepers. While useful short-term for user convenience, crypto cards are not the end goal. The future should enable direct crypto payments without intermediaries. Most crypto card companies simply white-label services from providers like Rain, rather than building innovative infrastructure. Notably, EtherFi offers a more crypto-native approach by using crypto as collateral for loans instead of selling assets, thus avoiding taxable events. In summary, crypto cards are a transitional tool that may eventually become obsolete as the industry moves towards truly decentralized, direct payment systems.

深潮12/13 03:24

Pouring Cold Water: Crypto Cards Might Have No Future