Visa makes five strategic crypto hires and placements

Quick Take

  • Payments giant Visa has made five hires and placements as it continues to build out its crypto team.
  • The company focuses heavily on stablecoins and is gearing up to support central bank digital currencies.

Payments giant Visa has expanded its in-house crypto team with five key hires and moves, according to Visa’s head of crypto Cuy Sheffield on Twitter.

This month, the firm brought in two new team members. These included Catherine Carle, who will focus on crypto social impact and community partnerships. She joins the firm from the University of St. Thomas in Minnesota where she worked in healthcare innovation and entrepreneurship. Prior to that, she worked at Monitor Deloitte, a strategy consulting firm that was acquired by Deloitte in 2013.

Visa also added Chike Ukaegbu, founder of New York-based tech accelerator Startup52, which focuses on backing firms that have strong diversity profiles. He will be the team’s head of crypto strategy for emerging markets. Previously, Ukaegbu ran for president in Nigeria where he “spearheaded the leanest and first fully digital presidential campaign in Africa,” according to his LinkedIn profile.

“I'm incredibly grateful to work with such an amazing team and have the opportunity to leverage the power of Visa to help advance the adoption and utility of Bitcoin, stablecoins, NFTs, DeFi, and public blockchain networks,” tweeted Sheffield.

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