Visa, Coinbase, and the Future of Stablecoins

By Travis Hoium – Sep 9, 2023 at 9:00AM

NYSE: V

Visa

Market Cap

$576B

Today's Change

(-0.80%) -$2.34

Current Price

$289.22

Price as of September 18, 2024, 10:47 a.m. ET

Visa is utilizing the blockchain, which could be great for some crypto companies.

The promise of the blockchain was always disrupting companies like Visa (V -0.80%). But Visa is now utilizing the blockchain and stablecoins to settle transactions, and that could be great news for Coinbase (COIN 1.30%). In this video, Travis Hoium covers the latest news.

*Stock prices used were end-of-day prices of Sept. 6, 2023. The video was published on Sept. 7, 2023.

Travis Hoium has positions in Block, Coinbase Global, Ethereum, PayPal, and Solana. The Motley Fool has positions in and recommends Block, Coinbase Global, Ethereum, PayPal, Solana, and Visa. The Motley Fool recommends the following options: short December 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.