https://images.hive.blog/DQmeRgKrtQJLug7nX2xvwoCVhQQCCwhDQZfQvhne1nyzGkg/IMG_2320.png
[source](https://www.gemini.com/cryptopedia/what-are-gas-fees-gwei-gas-fees-eth-ether-transaction-fee)

The Technology space is buzzing with several exciting developments and it’s really interesting that is gradually moving towards the financial world. The digital assets has been one of the most talked about in the financial space and since its inception it has performed tremendously tho moving at slow pace as regards adoption. 

Gradually institutional investors and firms are picking interest in bitcoin and cryptocurrency in general with announcement form the payment giant Visa, as they are looking at ways in which they can get into the crypto space. They are looking at the blockchain ethereum really closely as they state as their intent is to combat the expensive [ethereum](https://dailyhodl.com/2023/08/11/visa-exploring-ways-of-paying-transaction-fees-on-the-ethereum-blockchain-with-just-a-card/) gas fee with fiat - collaborative effort is a proposed solution flow that demonstrates how to enable users to pay their on-chain gas fees in fiat money through a card on file. This proposed solution utilizes Ethereum’s ERC-4337 standard and a paymaster contract, allowing Visa cardholders to directly cover their gas fees.

We believe that this innovative and adaptable approach can help streamline the onboarding process for new crypto users and improve the experience for current users.

If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
>LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows eusers and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Over here we refer to users as lions, so are you ready to be a lion here is my referral [link](https://peakd.com/register?ref=hironakamura) See [leoglossary](https://leofinance.io/posts/@leoglossary/leoglossary-main-menu) for the terms used within this post also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
[Twitter](https://twitter.com):Hironakamura 

Posted Using [LeoFinance Alpha](https://leofinance.io/@hironakamura/payment-giant-making-a-sweep-move-at-combating-the-ethereum-gas-)