A radical change is what those of us who follow and live in the cryptographic environment are witnessing. The essence of many institutions addresses a serious problem in surviving a change that needs to be integrated to adapt to new generations. The financial services giants, yesterday very solid in their criticism of cryptocurrencies, today are energized to embark on an urgent synergy that helps them witness the escalation in financial evolution.
Beyond the fact of always being under the dominant presence of the dollar, it is certainly a matter of time before the digital environment begins to wreak havoc on that fiat shell that can no longer be sustained based on a system that will begin to feel the decisions and charges voids that the debt drags.
Certainly these multinationals are adapting to cryptography to elaborate the entrance to more representative environments such as Central Banks, their energetic participation in controlling a digital issuance through CBDCs make them powerful centralized control nodes. Under the lines of credit interconnection, the elaborate plan focuses on simply monopolizing the single exchange field for a possible coupling of new players beyond the dollar and other Fiat currencies.
The famous gold 2.0 came to change things, now Visa aims for an "evaluation", but it is more adaptation to the crypto style. A hybrid interaction cannot be ruled out, the digital interaction of centralization and decentralization could end in an excessive dominance of regulations that would leave these ex-credit networks at the mercy of any centralized institutional whim.
Similarly, Mastercard begins to think, but rather to look for new partners who accept an early match to adapt to these new guidelines that we are seeing so much and that they seek to integrate into their payment network.
For now I do not see this with a bad eyes, if there may be misinformation, not everything is clearly positive news, the sole integration will affect the perhaps incorrect adoption of that mass of the target that will begin to experiment with cryptos. Of course, this interaction only seeks to strengthen that already broken bond of trust of the fiduciary system. The keywords of the CEO of Visa Alfred Kelly, are formed in a strategy to "work with wallets and exchanges that are used for those safe, useful and applicable currencies"
To the extent that a financial recovery bubble that does not exist, the better the position taken in relation to the approaching deficit and how all these needs could be met when the industrial capacity to produce goods is paralyzed, a vacuum trade that will greatly affect the fiduciary world but will end up opening the way for the encrypts.
This writing is based on some articles that highlight the issue of Visa's participation in the cryptographic world. At the end of this paragraph I leave several links that served as a reference for the construction of said information.
This information is proprietary content and there is no space in this text for plagiarism. You can also see this article on my Publish0x blog under the following link.
https://www.publish0x.com/cryptographic-alchemy/credit-multinationals-with-crypto-seal-xnqjjge
