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13 Feb 2021

VISA CEO states they see "Bitcoin as Digital Gold" in Earnings Call

VISA CEO states they see "Bitcoin as Digital Gold" in Earnings CallPayments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means of exchange.” Kelly stated that they “we think of the crypt market in two segments. First, there are cryptocurrencies that represent new assets such as Bitcoin. Second, there are digital currencies or stable coins that are directly backed by existing fiat currencies. We see all currencies in that first segment as digital gold. They are predominantly held as assets and are not used as a form of payment in a significant way at this point.” Kelly continued, “Our strategy here is to work with wallets and exchanges

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