This week in DC, crypto learned a lesson as Congress and regulators teamed up, but the real blockbuster was Visa’s move: shutting the loophole that lets meme-coin users use credit card points.
The transmission path is straightforward—credit card issuers → acquirers → updates to Visa’s rules → tighter exchange top-up channels.
In plain terms, traditional payment giants are no longer willing to underwrite meme coins’ high volatility and high chargeback rates.
What might come next:
Deposit channels for stablecoins/regulated coins will become smoother, and meme coins will be further marginalized.
But this trend is good for legit financialization and bad for casino-style speculation.
The transmission path is straightforward—credit card issuers → acquirers → updates to Visa’s rules → tighter exchange top-up channels.
In plain terms, traditional payment giants are no longer willing to underwrite meme coins’ high volatility and high chargeback rates.
What might come next:
Deposit channels for stablecoins/regulated coins will become smoother, and meme coins will be further marginalized.
But this trend is good for legit financialization and bad for casino-style speculation.