Solana has the potential to disrupt the market for traditional financial services, challenging payment giants Visa and Mastercard. This was stated by Chamath Palihapitiya, founder of the venture-capital firm Social Capital.
Those thoughts were prompted by plans by the card networks to raise merchant-processing fees charged on customers’ credit-card purchases.
“Visa and Mastercard are doing the dumbest thing they could do […] in a period of rising inflation. It is the most sensitive move at the moment,” he explained.
The moves by the payment systems open opportunities for their dismantling by competitors.
“This week I took a look under the hood of Solana Pay. It is truly intriguing. Soon or later, everyone will start using such a convenient service,” he said.
As Bank of America предсказали Solana статус Visa in the crypto world.
Earlier, the head of the cryptocurrency exchange FTX, Sam Bankman-Fried, said that Solana has every chance to become the next Bitcoin.
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