Visa Expands Cryptocurrency Business Network

Visa has unveiled its comprehensive business partner network in the cryptocurrency sector, according to ChainCatcher. The network, detailed by Web3 asset data platform RootData, outlines Visa's ecosystem from foundational infrastructure to end-user applications. Visa's structure is described as a 'three-layer synergy' model. The upstream layer includes settlement infrastructure provided by stablecoin issuers like Circle, alongside risk control and compliance services from companies such as TRM Labs. The middle layer facilitates the integration of blockchain with traditional finance through entities like Bridge and banking institutions. The downstream layer involves wallets and card platforms, including MetaMask and Wirex, which enable real-world payment scenarios for users. This network illustrates the accelerating integration of the cryptocurrency industry into traditional payment systems. The combination of stablecoin settlement, compliance risk control, and card networks is becoming a mainstream approach. RootData has announced plans to continue tracking and disclosing business relationships within the network. For cryptocurrency projects, actively showcasing partnerships and business networks is becoming a crucial method for enhancing transparency and market trust. Web3 project teams are encouraged to claim their information and join the RootData Alliances Hub TG group to maintain business alliance data, match business development partners, and explore ecosystem collaborations.