Cuy Sheffield
@cuysheffield
Head of Crypto @ Visa. Views are my own
Long blog - Why Stablecoins represent the biggest card network growth opportunity in the next 10 yrs. Both network expansion and volume. V/MA are already leading the way. Today's blog is focused on how stablecoins solve cross border with an overview of what is happening and…
As institutional interest in stablecoins grows, our CEO @ethanyish explored Visa's on-chain analytics, retail stablecoin trends, & tokenized deposit challenges on @TokenizedPod Thanks to @cuysheffield & @nlevine19 for the great discussion!
1/ There has been a lot of discussion lately about the potential use case of stablecoins for retail payments at merchants. Given every stablecoin transaction is publicly visible today, what does the onchain data show?
Check out our updated dashboard in partnership with @AlliumLabs to track stablecoin activity including retail-sized transaction volume. visaonchainanalytics.com/transactions
1/ There has been a lot of discussion lately about the potential use case of stablecoins for retail payments at merchants. Given every stablecoin transaction is publicly visible today, what does the onchain data show?
We added a new Retail Size filter with the Visa team that assumes that retail transactions typically fall under $250 as we know that the avg txn size at Visa is $45. What we found was that while 0.5% of adjusted volume notional volume was retail sized, 41% of the adjusted txn…
🚨 Ep. 40 of @TokenizedPod: Every Bank Announced It’s Stablecoin Strategy @cuysheffield is joined by: ➡️ @ethanyish, Co-Founder and CEO @AlliumLabs ➡️ @nlevine19, Data and Strategy @Visa To discuss: ⛓️ Visa's approach to on-chain data and analytics 🪙 Retail payment…
Some really great insights here from @gaybrick on @stripe’s accelerating journey with #stablecoins. Via @TokenizedPod. open.spotify.com/episode/5GsodS… 👉 Considerations of how we represent a Stablecoin (the coin name? the network name? digital dollars? dollars?). 👉 Types of companies…
Historic day for the stablecoin ecosystem and payments innovation. Can’t wait to see what the future brings as stablecoins become integrated into the global financial system.
Today marks a milestone in payments history. I’m glad to see the U.S. bring regulatory clarity to stablecoins with the passage of the GENIUS Act. These guardrails will open paths for adoption and usher in the next age of programmable digital money.
Stripe broke the internet when they spent $1.1bn for Bridge. But this was a small part of a bigger master plan. In this Exclusive @TokenizedPod Interview, President of @Stripe Will Gaybrick takes us behind the scenes... 🧵
Stripe broke the internet when they spent $1.1bn for Bridge 💸 But this was a small part of a bigger master plan 🧠 In this Exclusive @TokenizedPod Interview, President of @stripe, @gaybrick takes us behind the scenes... 🧵 Here are some of his best quotes: ✍️ - On…
How close are stablecoins to mainstream adoption? 🚀 @rubail breaks down three factors needed to accelerate the future of programmable money.
What if Tokenized deposits ARE the off ramp
TLDR - Citi's Stablecoin + Crypto Plans from earnings: - Citi clients want real-time multi-asset, multi-bank, x-border solution w/ compliance, accounting all solved - Citi Looking at 4 areas: ramps (fiat <-> crypto), reserve management, own stablecoin + tokenized deposits -…