{"id":60395,"date":"2022-04-20T13:03:24","date_gmt":"2022-04-20T10:03:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=60395"},"modified":"2025-09-05T03:02:35","modified_gmt":"2025-09-05T00:02:35","slug":"opinion-solana-has-a-chance-to-oust-visa-and-mastercard","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/opinion-solana-has-a-chance-to-oust-visa-and-mastercard\/","title":{"rendered":"Opinion: Solana Has a Chance to Oust Visa and Mastercard"},"content":{"rendered":"<p>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.<\/p>\n<p>Those thoughts were prompted by plans by the card networks to raise merchant-processing fees charged on customers&#8217; credit-card purchases.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Visa and Mastercard are doing the dumbest thing they could do [&#8230;] in a period of rising inflation. It is the most sensitive move at the moment,&#8221;<\/em> he explained.<\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" width=\"1520\" height=\"581\" src=\"https:\/\/www.youtube.com\/embed\/AEvMI6R6Er0\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen=\"\"><\/iframe><\/p>\n<p>The moves by the payment systems open opportunities for their dismantling by competitors.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;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,&#8221;<\/em> he said.<\/p>\n<\/blockquote>\n<p>As Bank of America <a href=\"https:\/\/forklog.io\/v-bank-of-america-predskazali-solana-status-visa-v-mire-kriptovalyut\/\">\u043f\u0440\u0435\u0434\u0441\u043a\u0430\u0437\u0430\u043b\u0438<\/a> Solana \u0441\u0442\u0430\u0442\u0443\u0441 Visa in the crypto world.<\/p>\n<p>Earlier, the head of the cryptocurrency exchange FTX, Sam Bankman-Fried, said that Solana has <a href=\"https:\/\/forklog.com\/en\/news\/sam-bankman-fried-solana-has-every-chance-of-becoming-the-next-bitcoin\">every chance to become the next Bitcoin<\/a>.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":1,"featured_media":60396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1576,1159,157],"class_list":["post-60395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chamath-palihapitiya","tag-solana-sol","tag-visa"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=60395"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60395\/revisions"}],"predecessor-version":[{"id":60397,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60395\/revisions\/60397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/60396"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=60395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=60395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=60395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}