$1 bn spent on crypto-linked cards in 1st half of 2021: Visa's crypto head

More than $1 billion was spent on cryptocurrency-linked cards in the first half of 2021, Cuy Sheffield, Head of Cryptocurrency at Visa, said. Visa also announced that it's partnering with over 50 cryptocurrency firms to allow clients to spend and convert digital currencies through its card program. In March, Visa had announced that it will allow payment settlements using cryptocurrency.