Why Middle East Crisis Has Little Impact on Visa Inc (V)’s Revenue as Stablecoin Cards Business Expands

Visa Inc (NYSE:V) is among the best NFT stocks to invest in according to analysts. On March 12, Morgan Stanley shared its views on Visa Inc. (NYSE:V) in relation to the events in the Middle East. According to the equity research firm, Visa has little exposure to Middle East travel, estimating that this segment accounts for only 1% to 2% of the company’s total revenue.

Why Middle East Crisis Has Little Impact on Visa Inc (V)’s Revenue as Stablecoin Cards Business Expands

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In light of this, Morgan Stanley says Visa can easily offset any slowdown in this segment. In particular, the firm notes that Visa can absorb the impact through cost adjustments given its expense flexibility.

In other news, Visa announced on March 3 an expansion of its collaboration with stablecoin infrastructure platform Bridge. Bridge enables businesses and developers to offer Visa cards backed by stablecoins. With the expanded partnership, the stablecoin card transactions can now be settled onchain with Visa. This has been made possible through Bridge’s partnership with Lead Bank. Additionally, Visa and Bridge are working to make the stablecoin-backed Visa cards available in more than 100 countries, from 18 currently.

Visa Inc. (NYSE:V) is a global payments company with a big focus on electronic funds transfers, mostly through payment cards. Visa is deeply involved in the digital assets space, including NFT trades. The company has made a direct NFT purchase and has arrangements with various crypto platform operators to facilitate card payments and stablecoin settlements.

While we acknowledge the risk and potential of V as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than V and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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