Visa wants to help you pay with central bank digital currency
April 20, 2021, 12:43PM EDT · 4 min read
- Visa recently became the first major payments network to use a stablecoin to settle a transaction.
- Now it has its sights set on facilitating central bank digital currency payments.
- The Block sat down with Cuy Sheffield, Visa’s head of crypto, to discuss the firm’s vision for CBDCs.
Visa is working on a stablecoin settlement system. Cuy Sheffield, the firm's head of crypto, explains how it is preparing for CBDCs, too.
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