196. Insights: Visa's USDC settlement launch and what are the real world use cases for CBDCs?

47min listen

L.F.G. Today we bring you: Visa's USDC settlement announcement with the partners and people that made it happen from Visa, Worldpay and Circle, and a lively discussion on the real world use cases for CBDCs. All this and much more on today's Blockchain Insider!

gm. Mauricio Magaldi and Cuy Sheffield are back this week, this time talking all things USDC settlement, CBDCs and the difference between CBDCs and stablecoins.

Following our discussion around the development of stablecoin in our last episode, we thought it would be fitting to dive deeper into another type of digital currency that is closely related to fiat, CBDC, or Central Bank Digital Currency.

Banks are looking to CBDCs as a form of currency that expedites transactions and increases the security of payments between banks, institutions, and individuals and we look at the biggest news stories and developments around the world for CBDCs.

Not only that but Visa has some news of its own:
Just last week, Visa expanded its use of US Dollar Coin (USDC) for digital currency settlement, adding pilot programs globally with WorldPay, Nuvei, and Xapo, modernising large value, cross-border payments, for end-to-end digital currency settlement over blockchain.

We get into that and much more!

We are also joined by some amazing guests:

  • Dante Disparte, Chief Strategy Officer and Head of Global Policy at Circle
  • Mina Khattak, Senior Director of Crypto, at Worldpay
  • Catherine Gu, Head of CBDC & Protocols, Visa

Just a quick reminder - nothing we share here is legal, tax or financial advice. Views or opinions expressed by the panel are their own and do not necessarily reflect the view of the entities they are representing.

This episode is sponsored by Visa.

This episode is brought to you by Visa, one of the world's leaders in digital payments. Crypto has opened up a new world of possibilities, and Visa’s helping everyone take part. Consumers now can enjoy the freedom and flexibility of using their Visa crypto-linked cards for everyday purchases at millions of Visa-accepting merchant locations around the world. Join us in this new money movement; learn more visa.com/crypto.

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Special Guests: Catherine Gu, Dante A. Disparte , and Mina Khattak.