The global credit card giant has once again partnered with America's largest cryptocurrency exchange.
October 29, international credit card giant Visa announced a partnership that will enable real-time fund transfers between traditional banking and #cryptocurrency services through the Visa Direct network.
This partnership will provide #Coinbase customers in the U. S. and EU with additional convenience and Providing this opportunity to our customers supports our mission to increase economic freedom around the world.
The collaboration between the two companies began in 2020 when Visa approved Coinbase as a "core member" to improve the customer experience. This latest development expands the existing relationship between the two companies to include a Coinbase Visa debit card for U. S. customers.
the cryptocurrency industry has often found it difficult to interact with traditional banking and payment systems due to concerns about market volatility and industry scandals such as the high-profile 2022 crash. However, some of these concerns may be alleviated as cryptocurrency regulation becomes clearer around the world.
Coinbase Global is scheduled to release its third quarter results on Wednesday, October 30. Analysts say the company expects earnings of 45 cents per share, up from 14 cents per share in the second quarter.
It is expected that trading on the platform will also not grow in the third quarter, as the market as a whole has not changed.
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