Hello everyone!!!
The growing interest of large companies in cryptocurrency is increasingly palpable, with strategic moves and impressive numbers. Here is a detailed look at the initiatives of Visa, Tesla, X (Twitter) and Google Cloud in the world of crypto.
1️⃣ Visa and Mastercard: Pioneers of crypto payments 💳
Visa and Mastercard are multiplying pilot projects to integrate payments by USDC (USD Coin), a stablecoin backed by the US dollar, allowing instant international transactions. Here are some key figures:
Visa: Tests stablecoin payments with partner companies, facilitating multi-million dollar transfers in seconds.
Mastercard: Partners with Paxos, a blockchain infrastructure, to enable banks to offer crypto services, increasing their digital asset portfolio by +25% in 2024.
These two payments giants aim to offer faster and cheaper alternatives to traditional bank transfers, attracting businesses and individuals to crypto solutions. 💸.
2️⃣ Tesla: 10,500 Bitcoins in reserve 🚗
Tesla, under the leadership of Elon Musk, is one of the pioneering companies to invest heavily in Bitcoin. With a current estimated reserve of 10,500 BTC, here’s what that means:
Approximate Value: At a price of $63,000 per BTC, this stash is worth $661.5 million.
Potential impact: If Tesla announces again the acceptance of Bitcoin for the purchase of vehicles, it could increase the demand for BTC, and thus its price. In 2021, the announcement had already caused a 5% increase in the price of Bitcoin in a few days.
3️⃣ X (formerly Twitter) and crypto micropayments 🐦
Since Elon Musk took over X, the platform has been considering turning social interactions into micro-transactions with crypto:
Number of users: X has around 330 million active users.
Market potential: If every user made a micropayment of just $0.01 per day, it would generate $3.3 million in daily transactions. Imagine the impact if every like or retweet turned into a crypto transaction! 📲
Expected partnership: Rumor has it that X could partner with Dogecoin or Bitcoin to offer these micropayments.
4️⃣ Google Cloud and blockchain: support for developers ☁️
Google Cloud now offers services to develop and host blockchain nodes, facilitating access to high-performance infrastructures:
Number of developers: More than 100,000 developers use Google's blockchain tools.
Speed of innovation: With the ability to host decentralized applications (DApps) in minutes, Google enables innovative projects to be launched, increasing competitiveness in the crypto ecosystem.
Blockchain partnerships: Google is collaborating with Ethereum and Solana, two of the most powerful blockchains, to enable the integration of new large-scale projects and reduce maintenance costs for developers.
With these concrete numbers and initiatives in place, large companies are strongly contributing to the democratization and adoption of cryptocurrency. Whether for payments, asset reserves or infrastructure, crypto is becoming more and more integrated into the global economy, driven by these industry giants!
