How Ethereum’s integration with Visa can ease things for ETH holders
Users will not need to hold ETH for gas fee payments. It will instead send a digital signature to the user’s wallet for payment approval.Visa’s new solution highlights its efforts toward becoming more entrenched in blockchain payments. Ethereum represents the ideal route thanks to its widespread adoption.
Visa’s interest in Ethereum is not surprising. The blockchain network has reportedly settled more than $33 trillion worth of transactions. Meanwhile, Visa has so far settled $11.6 million worth of transactions despite being older. Ethereum has already settled over $33.4T+ On-Chain since genesis. Stablecoin accounts for more than 50% of the volume
Compared to Visa, it has processed $11.6T Payment volume and Ethereum settled $12T total volume in 2022
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