In its fiscal first quarter of 2022, Visa credentials in crypto wallets had more than $2.5 billion in payments volume, which is equivalent to 70% of the payments volume for all of its fiscal year in 2021.
2021 was the year cryptocurrencies and digital assets passed an inflection point, where we can no longer deny the growing use cases and interest in the technology – a trend that seems to be only gaining momentum in 2022.
From major food & beverage chains like Starbucks to technology companies like Twitch and Microsoft, we have seen a rise in enterprises accepting crypto-enabled payments.
