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- | Afp | Getty ImagesPresident-elect Donald Trump's pick to run NASA, Jared Isaacman, is a 41-year-old space enthusiast, who just months ago commanded the world's first all-civilian mission to reach orbit. "It's the biggest step toward crypto payments becoming mainstream that the industry has ever had," Wilson said. The crypto market, which was already red hot, has been on a more dramatic upswing since Trump's election win in November, which came alongside congressional victories for pro-crypto candidates. Blockchain-based payments company Ripple just launched its own stablecoin, RLUSD, and crypto custodian BitGo plans to follow. "Crypto started off as really focused on trading, and it's now made a big shift toward utility, specifically payments," said Armstrong.
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Visa launches tokenization platform for banks
  + stars: | 2024-10-04 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVisa launches tokenization platform for banksVisa just announced its new tokenization platform for banks called the Visa Tokenized Asset Platform, or VTAP. The goal of the new service is to let more than 15,000 banks use blockchain technology for things like tokenized deposits. CNBC's MacKenzie Sigalos speaks to the payment giant's head of crypto, Cuy Sheffield, about the new product and where Visa's crypto strategy is headed.
Persons: CNBC's MacKenzie Sigalos Organizations: Visa Locations: Sheffield
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailXRP sinks after SEC files notice of appeal in Ripple case: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cuy Sheffield of Visa explains the payment processor's new tokenization platform for banks.
Persons: explainers Organizations: CNBC Crypto, CNBC, Visa Locations: Sheffield
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