Visa Is Building Infrastructure for NFTs, Smart Contracts, and L2s. Why? - Ep.280

Published: Oct. 12, 2021, 8:45 a.m.

b'Cuy Sheffield, Visa\\u2019s head of crypto, discusses Visa\\u2019s crypto game plan, stablecoin regulation, NFTs, and more. Show highlights:\\n Cuy\\u2019s background and his journey down the crypto rabbit hole\\n how Visa and cryptocurrency can coexist\\n why crypto companies and fintech companies are similar\\n what Visa is trying to solve for consumers regarding cryptocurrencies\\n how cross-chain payment infrastructure would work\\n why Visa requires enhanced diligence for crypto companies\\n what countries can learn from stablecoins when building CBDCs\\n why Visa is creating a universal payment channel for CBDCs and other cryptocurrencies\\n why Visa chose USDC to begin making payments with\\n the two main reasons why stablecoins are used (hint: it\\u2019s not for buying cups of coffee)\\n how cryptocurrency is changing financial education and inclusion\\n how crypto\\u2019s open-source ethos is helping underserved and emerging markets build financial infrastructure\\n why NFTs are Cuy\\u2019s favorite topic\\n how NFTs level the playing field for black artists (and artists in general)\\n why Visa purchased a CryptoPunk and how other businesses could leverage NFTs\\n Thank you to our sponsors!\\n Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n Nodle: https://bit.ly/3AXGydJ\\xa0\\xa0\\n \\n Cuy Sheffield\\n Twitter: https://twitter.com/cuysheffield\\n\\n LinkedIn: https://www.linkedin.com/in/cuy-sheffield-72082126/\\n\\n NFT collection: https://tryshowtime.com/csheffield\\xa0\\n \\xa0\\n Content:\\n Medium\\n \\nhttps://medium.com/@cuysheffield\\xa0\\n \\n Tweets\\n Thoughts on payroll deposits\\n \\n https://twitter.com/cuysheffield/status/1442571326447767554\\xa0\\n \\n DAOs as chaotic organizations\\n https://twitter.com/cuysheffield/status/1441536551016534019\\n \\n \\n \\xa0\\n Visa Crypto Plays\\n CryptoPunk purchase\\n \\n https://usa.visa.com/visa-everywhere/blog/bdp/2021/08/18/nfts-mark-a-1629328216374.html\\xa0\\n \\n First smart contract on Ropsten\\n https://ropsten.etherscan.io/address/0xadb1f7e78a3ac3d0a006961f95d96bbb0ec14326#code\\n \\n NFT research report\\n \\n https://usa.visa.com/content/dam/VCOM/regional/na/us/Solutions/documents/visa-nft-whitepaper.pdf\\xa0\\n \\n Cross-chain Interoperability\\n https://usa.visa.com/visa-everywhere/blog/bdp/2021/09/29/making-digital-currency-1632954547520.html\\n \\nhttps://arxiv.org/pdf/2109.12194v2.pdf\\xa0\\n \\n Visa + USDC\\n \\n https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.17821.html\\xa0\\n \\n https://www.forbes.com/sites/ninabambysheva/2021/03/29/visa-to-start-settling-transactions-with-bitcoin-partners-in-usdc/\\xa0\\n Digital currency whitepaper\\n \\n https://usa.visa.com/content/dam/VCOM/regional/na/us/Solutions/documents/visa-digital-currency-overview.pdf\\xa0\\n \\n \\nLearn more about your ad choices. Visit megaphone.fm/adchoices'