BREAKDOWN: Visa's CEO on Crypto – "This Is a Space We Are Leaning Into in a Very, Very Big Way"

Visa’s earnings call makes it clear just how invested the company is in the crypto space. 

This episode is sponsored by Nexo.io and NEAR.org.

Today on the Brief:

Elon pumps Doge againDetailing Biden’s $1.8T American Families Plan Turkey, Iran, SEC

Our main discussion looks at comments this week from Visa CEO Al Kelly on the company’s relationship with crypto, analyzing the five areas of opportunity Visa has identified:

Helping customers buy BTC and cryptoEnabling digital cash outs to fiatEnabling TradFi to offer crypto to customersSettlement via stablecoins Central bank digital currencies 

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Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.

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NEAR.org - Infrastructure for innovation. NEAR is an open-source platform that accelerates the development of decentralized applications overcoming high fees and slow speeds with its fast, scalable, low-cost, and climate-neutral blockchain protocol. One transaction on NEAR consumes about 1300x less carbon than a similar transaction on other chains.

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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!) 

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Image credit: Simon Dawson/Bloomberg/Getty Images

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