One of the Coins within the cryptocurrency world, known as Monaco, has produced a huge gain which was over 600%, since May 17. At that time its Monaco founders posted on a social network that it is going to offer a Visa-branded card.
While Monaco still has no agreement with Visa it is working with WirecardAG, which is a licensed Visa issuer. According to the Visa spokeswoman, Monaco still undergoing the review process.
The main obstacle is that cryptocurrencies are known for their privacy, while financial Getting the deal with Visa would mean that Monaco will be accepted throughout the entire Visa network, which is 44 million locations and obviously would be able to send Monaco price to the Moon.
While the deal with Visa hasn’t been finalized, Monaco price might not attract much attention.