Bridging Traditional Finance Customers and the Crypto Ecosystem

September 21, 2023 by Business Desk

Nasdaq published this video item, entitled “Bridging Traditional Finance Customers and the Crypto Ecosystem” – below is their description.

Anatoly Yakovenko, Co-Founder of Solana Labs, joins Jill Malandrino on Nasdaq TradeTalks from #Mainnet2023 to discuss Visa’s USDC settlement payments via the Solana blockchain and bridging traditional finance customers and the crypto ecosystem.
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About This Source - Nasdaq

Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States: the namesake Nasdaq stock exchange, the Philadelphia Stock Exchange, and the Boston Stock Exchange, and seven European stock exchanges: Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, and Nasdaq Vilnius. It is headquartered in New York City, and its president and chief executive officer is Adena Friedman.

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A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the accuracy and security of a record of data and generates trust without the need for a trusted third party.

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In This Story: USDC

USD Coin (known by its ticker USDC) is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds.

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