Stephen Squeri, CEO of American Express, sees cryptocurrencies like bitcoin as a type of asset.
Stephen Squeri recently made a statement at the Yahoo Finance event. issuing an American Express card that can be used with cryptocurrencies He said he had no such plans.
Squeri, CEO of one of the world’s largest bank and credit card companies; traditional cryptocurrencies such as bitcoin and ether due to fluctuation It does not expect them to be used as a common means of payment.
“We are interested in the use of Amex cards with stablecoins, and we carefully monitor government-backed digital currencies. But I don’t think you’ll see an American Express card tied to cryptocurrency anytime soon.”
Squeri, who has been working for American Express for 36 years, of which he has been the CEO since 2018, said that cryptocurrencies such as bitcoin are more than a payment tool. “a type of entity similar to gold” He said he saw it as