The announcement, attributed to former PayPal President David Marcus, says the company’s deal with Visa could expand Bitcoin payments across a broad global merchant network.
A statement shared in the source says former PayPal President David Marcus announced that his company partnered with Visa to enable Bitcoin acceptance across 175 million merchants. If implemented as described, the arrangement would connect Bitcoin to mainstream card-based commerce infrastructure, a step often seen as important because merchant acceptance has historically been a key barrier to wider crypto payment use. The source does not provide further details on the company name, rollout timeline, settlement process, or whether merchants will receive Bitcoin directly or fiat converted from crypto at checkout.