Legacy payments NGMI.

“After nearly 20 years of litigation, Visa (NYSE: V) today announced it has agreed to a landmark settlement with U.S. merchants, more than 90 percent of which are small businesses, lowering credit interchange rates and capping those rates into 2030.”

https://finance.yahoo.com/news/visa-agrees-landmark-settlement-u-124500717.html

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Discussion

Wow! How visa came to rise is an interesting story in business development in payments. But it took decades before it became the monster it is today.

i still have a sneaking suspicion that Visa will one day launch a federated #bitcoin side chain like liquid. The federation members will be the banks. Normies will flock to it like a moth to the flame.

That seems like a very reasonable prediction.