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

Thank you to our sponsors!

Crypto.com): https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021)      

Nodle: https://bit.ly/3AXGydJ)  

Cuy Sheffield

• Twitter: https://twitter.com/cuysheffield)

• LinkedIn: https://www.linkedin.com/in/cuy-sheffield-72082126/)

• NFT collection: https://tryshowtime.com/csheffield)

Content:

• Medium

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

• CryptoPunk purchase

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) 

• Visa + USDC

https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.17821.html) 

https://www.forbes.com/sites/ninabambysheva/2021/03/29/visa-to-start-settling-transactions-with-bitcoin-partners-in-usdc/) 

• Digital currency whitepaper

https://usa.visa.com/content/dam/VCOM/regional/na/us/Solutions/documents/visa-digital-currency-overview.pdf) 

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