Modern Money

Inside PayPal's Journey into Crypto and Blockchain: Jose Fernandez da Ponte (PayPal)

10 snips
Jan 22, 2025
In this compelling discussion, Jose Fernandez da Ponte, Senior VP of Digital Currencies at PayPal, shares his expertise on the transformative power of blockchain in payments. He dives into the origins of PayPal's crypto efforts and the significance of launching stablecoins like PUSD. Expect insights on digital remittances, the legitimization of cryptocurrency, and how established brands can foster trust in the evolving landscape. Discover how technology can enhance accessibility and reduce costs for global transactions.
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ANECDOTE

Friendship to Partnership

  • Keith Grossman and Jose Fernandez da Ponte's friendship started with mutual respect for the fintech space.
  • This later evolved into a business partnership between MoonPay and PayPal.
INSIGHT

Ripple's Inspiration

  • Jose Fernandez da Ponte's interest in crypto began with exploring Ripple for cross-border payments in 2015.
  • He was fascinated by the speed and low cost of transactions compared to traditional methods.
ANECDOTE

Phished Check

  • Keith Grossman recounts a personal experience of having a check phished.
  • He highlights the inefficiency and vulnerability of traditional check processing in the modern era.
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