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93 - Crypto Payments and the DeFi Mullet | Visa's Cuy Sheffield and Anchorage's Diogo Mónica

Bankless

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Visa and the Global Payments Ecosystem

This chapter explores Visa's pivotal role as a messaging network in the global payments ecosystem, outlining how it facilitates secure transactions between banks worldwide. The discussion also highlights the potential of blockchain technology and stablecoins as innovative solutions to traditional banking limitations, allowing for 24/7 seamless transactions. The speakers reflect on their experiences with ACH payments, advocating for a shift towards more efficient financial systems while recognizing the ongoing necessity of traditional banking methods.

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