Will stablecoins and traditional payments compete or work together? Jack Forestell, Chief Product and Strategy Officer, says it’s all about collaboration. Learn how Visa is already helping to move money seamlessly at scale by partnering across the ecosystem to power the future of payments: https://xmrrwallet.com/cmx.pvi.sa/4o9DdRR #Stablecoins #Crypto
Jacob Kumar
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We need to find innovative products to make it possible
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Align Technē
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Collaboration is the real currency of the future, not competition.
Bringing stablecoins into the fold without friction is no small feat. Inspiring to see Visa building bridges with intention and vision.
The smartest path forward is the one that blends trust with technology.
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The irony of it all…blockchains work as a trustless network, no centeralized authority required to move value. It used to be in God We Trust backing the USD, then gold we trust, then GDP we trust, now it’s in math we trust to back the movement of USD. However to scale the future of programmable money, people Need to trust it. Yesterday, Congress passed significant legislation to provide the necessary transparency and oversight- a significant step towards building that trust at a federal level. And Visa, probably the most recognized brand in the world when it comes to moving money over networks is playing a critical role in being both the trusted brand, network and partner when it comes to building consumer trust and scaling the future of programmable money. So yes- it is all about collaboration between TradFi and DeFi networks, not competition.