Visa's New Payment System Will Accept Everything From Bitcoin to Dollars

From fool.com

When Bitcoin (BTC) launched in 2009, it promised to work as an intermediary-free digital payment. Today, there are over 12,000 types of cryptocurrency, disrupting all kinds of industries, from supply chains to fast and cheap digital payments. So where does that leave payment processors like Visa? Well, if Visa has anything to do with it, it'll continue to be right in the middle of it all. This week, Visa released plans for a Universal Payment Channel, which it says, "acts like a hub, interconnecting multiple blockchain networks and allowing for secure transfer of digital currencies." Visa's research team believes ... (full story)