Gate News, March 23 — Web3 asset data platform RootData released a network map of Visa’s business partners in the cryptocurrency space on X platform. The system outlines its complete ecosystem from underlying infrastructure to end-user applications. Structurally, Visa has formed a “three-layer collaboration” model: the upstream layer is provided by stablecoin issuers like Circle, offering settlement infrastructure, in conjunction with risk control and compliance service providers such as TRM Labs; the middle layer connects on-chain and traditional finance through bridges, banks, and other institutions; the downstream layer includes wallets and card issuance platforms like MetaMask and Wirex, enabling actual user payment scenarios. This layout reflects that the crypto industry is accelerating integration into traditional payment systems, with the combination of “stablecoin settlement + compliance and risk control + card networks” becoming the mainstream approach.