Stripe, Stablecoins, and Visa's Disruptive Threat
VVisa(V) The Motley Fool·2024-11-21 01:28

Visa has a new competitor on the blockchain.Stripe's recent announcement that it will accept stablecoins for payments isn't just a big deal for crypto, it's also a big deal for credit card companies like Visa (V -1.34%). The credit card system is built on the idea that merchants will pay fees of nearly 3% just to take payments. But Stripe is charging half that for stablecoin payments. Travis Hoium digs into the subject in this video.*Stock prices used were end-of-day prices of Nov. 18, 2024. The video was p ...