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 again
• Detailing 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 crypto
• Enabling digital cash outs to fiat
• Enabling TradFi to offer crypto to customers
• Settlement 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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