Financial Performance - Visa's EPS of $2.98 per share (adjusted) exceeded estimates by $0.13 [1] - Visa's revenue reached $10.2 billion, surpassing estimates by $360 million [1] Key Drivers - Visa experienced an 8% increase in payments volume [2] - Visa saw a 12% surge in total cross-border volume [2] Market Reaction - Visa's stock initially rose but then decreased slightly, falling less than 1% [2]

Vision & Future - The industry envisions reimagining money and payments for the future [1] - Ethereum encourages sharing moonshot ideas for the next decade of development [0] Ethereum Development - Ethereum seeks to understand what developers want to build on the platform [0]

Stablecoin Disruption Potential - Stablecoins are poised to disrupt Visa and Mastercard's retail payment monopoly [1] - The discussion explores the forces reshaping the payments world [1] Key Players - Hosseeb from Dragonfly_xyz shared insights on Crypto America [1]

🔥 TODAY: Jack Dorsey's Square has started allowing merchants to accept payments in Bitcoin. https://t.co/GfchPy9aKK ...

RT The Block Podcasts (@TheBlockPods)The Scoop Finale: Mike Dudas on how stablecoins are eating Wall Street@fintechfrank was joined by @mdudas for Frank's final episode of The Scoop 😢Frank and Mike discuss The Block's history, the evolution of the crypto space over the years, and how payments and stablecoins have emerged as one of crypto's killer use cases.We will miss you Frank! Wishing you all the best from the Media team ❤️OUTLINE00:00 - Introduction02:11 – Early Days of The Block03:24 – The Tether Revel ...

payments is one of the blatantly obvious usecases where blockchains are substantially better than existing systemssuper bullish on teams like @sphere_labs executing hereSolana (@solana):"Visa and Mastercard generated a combined $64B in revenue across 400B transactions last year. If these 400B transactions were executed on Solana, total fee revenue would be closer to $400M, a 99% reduction in cost to merchants." -@FoundationCapjust use Solana. https://t.co/mEExDuvocc ...

Circle's Valuation and Analyst Opinion - Bernstein initiated coverage on Circle with a price target of $230, $50 higher than the current price, considering it a must-hold for investors [1] - Concerns exist regarding Circle's valuation, which has increased by 500% since its IPO earlier this month [1] Stablecoin Market and Circle's Position - Stablecoins are viewed as digital dollars on the internet, evolving from a money rail for crypto to a broader internet money rail with implications for payments and financial services [3] - The stablecoin market is projected to grow from $225 billion to $4 trillion over the next decade, based on use cases in crypto, tokenized capital markets, payments, and financial services [4] - Circle, once the Genius Act is passed, is expected to be the largest regulated stablecoin, providing it with a regulatory edge and a significant head start over competitors due to its $61 billion of liquidity [4][5] Circle's Business Model and Revenue Streams - Stablecoins are now defined as payment stablecoins, 100% backed by demand deposits, bank deposits, repos, and US Treasuries, ensuring they maintain a 1:1 peg to the dollar [8] - Circle generates revenue by holding the yield against its stablecoin collateral and enabling infrastructure for the broader ecosystem, facilitating the use of digital dollars for payments and financial services [9] - Circle's revenue streams include float income, influenced by the rate environment, and fee income from the Circle payments network, which is expected to grow over the next 5-10 years [10] Future Growth and Demand - The total demand for stablecoins, driven by various use cases, is expected to offset potential declines in float income due to rate decreases [11][12] - The conviction in Circle's potential stems from the overall demand for stablecoins and the bottom-up industry demand [12]

Looks like Chain Link and Mastercard partner to enable over three billion card holders to purchase crypto directly on chain. This is big. And uh Visa is kind of hung up on the whole stable coin thing.So I don't know if they're there was a talk of a partnership with Visa before with Chainlink, but not for sure. But that's probably why you might see Chainlink pump recently is because they are going to be doing a partnership directly with Mastercard. Here's what it is.Card holders worldwide can purchase crypto ...

All right. Did the world change for you on June 13th. Uh, when the Wall Street Journal wrote, "A move to launch crypto-based payments by Walmart or Amazon that bypasses the traditional payment system would send shivers through the nation's banks and card network giants. Are you shivering?" No.The world didn't change for us at all on that day. We've been embracing and building for years preparing for this moment. The Genius Act has now passed the Senate as you know and is expected to pass the House.I think t ...

Partnerships and Product Expansion - Coinbase is expanding into payment infrastructure and consumer finance [2] - Coinbase launched a credit card with AMX offering up to 4% cash back in Bitcoin [4] - Coinbase announced a partnership with Shopify to bring USDC payments to Shopify merchants [4] - Coinbase launched payment APIs and a new product for startups and medium-sized businesses [5] Crypto's Use Cases - Bitcoin is seen as digital gold and a check against runaway deficit spending [6] - Stablecoins are bringing a medium of exchange to the crypto market [7] - A new smart contract replicates credit card functionality for e-commerce, enabling authorization, capture, void, and refund processes on-chain [8][9] Market Performance - Bitcoin is up 55% since President Trump was elected [1] - Coinbase is up nearly 25% [1]