Visa continues to explore the benefits of the cryptocurrency industry with a new initiative focused on stablecoin payments.
Cuy Sheffield, head of crypto at Visa, took to Twitter on April 24 to announce a new cryptocurrency-related project developed by the firm. Visa’s upcoming crypto product is designed to drive mainstream adoption of public blockchain networks and stablecoin payments, Sheffield noted.
In order to develop the product, Visa is seeking to hire software engineers focused on programming, backend systems Web3 technologies.
Among preferred applicant qualifications, Visa listed a good understanding of layer 1 and layer 2 solutions alongside experience with writing smart contracts using the programming language Solidity. Introduced specifically for the Ethereum Network, Solidity is used to create smart contracts on blockchain platforms and generate a chain of transaction records in the blockchain system.
