Cuy Sheffield, Visa’s head of crypto, discusses Visa’s crypto game plan, stablecoin regulation, NFTs, and more. Show highlights:
- Cuy’s background and his journey down the crypto rabbit hole
- how Visa and cryptocurrency can coexist
- why crypto companies and fintech companies are similar
- what Visa is trying to solve for consumers regarding cryptocurrencies
- how cross-chain payment infrastructure would work
- why Visa requires enhanced diligence for crypto companies
- what countries can learn from stablecoins when building CBDCs
- why Visa is creating a universal payment channel for CBDCs and other cryptocurrencies
- why Visa chose USDC to begin making payments with
- the two main reasons why stablecoins are used (hint: it’s not for buying cups of coffee)
- how cryptocurrency is changing financial education and inclusion
- how crypto’s open-source ethos is helping underserved and emerging markets build financial infrastructure
- why NFTs are Cuy’s favorite topic
- how NFTs level the playing field for black artists (and artists in general)
- why Visa purchased a CryptoPunk and how other businesses could leverage NFTs
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Cuy Sheffield
- Twitter: https://twitter.com/cuysheffield
https://medium.com/@cuysheffield
Tweets - Thoughts on payroll deposits
-
https://twitter.com/cuysheffield/status/1442571326447767554
DAOs as chaotic organizations - https://twitter.com/cuysheffield/status/1441536551016534019
Visa Crypto Plays
https://usa.visa.com/visa-everywhere/blog/bdp/2021/08/18/nfts-mark-a-1629328216374.html
First smart contract on Ropsten - https://ropsten.etherscan.io/address/0xadb1f7e78a3ac3d0a006961f95d96bbb0ec14326#code
NFT research report https://usa.visa.com/content/dam/VCOM/regional/na/us/Solutions/documents/visa-nft-whitepaper.pdf
Cross-chain Interoperability - https://usa.visa.com/visa-everywhere/blog/bdp/2021/09/29/making-digital-currency-1632954547520.html
https://arxiv.org/pdf/2109.12194v2.pdf
https://www.forbes.com/sites/ninabambysheva/2021/03/29/visa-to-start-settling-transactions-with-bitcoin-partners-in-usdc/
- Digital currency whitepaper
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https://usa.visa.com/content/dam/VCOM/regional/na/us/Solutions/documents/visa-digital-currency-overview.pdf
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