Visa Inc V is moving forward with its plans to enter the crypto industry and is actively seeking a senior software developer for its crypto team, according to a job listing posted last week.
What Happened: The payment giant said it’s searching for “experienced software engineers” who have a passion for the Web3 stack of technologies.
The job posting specifically mentions the new Ethereum ETH/USD enhancements and the ERC-4337 standard for releasing tokens on the blockchain.
Ethereum is the blockchain platform behind the second-largest cryptocurrency, ETH. In addition, the company is looking for someone who is familiar with security protocols and private key custody.
“We have an ambitious crypto product roadmap @Visa and just opened a few [requirements] for senior software engineers to help us drive mainstream adoption of public blockchain networks and stablecoin payments,” Cuy Sheffield, the head of crypto at Visa, said on Twitter.
Why It Matters: Sheffield also mentions that Visa is particularly interested in candidates who have used Github Copilot and other AI-assisted engineering tools for writing and debugging smart contracts. Github Copilot is a popular AI-powered code-generating tool that can analyze code written by human developers and suggest automatic text completion or whole lines of code.
This move follows Visa’s release of a paper in December 2022 that hinted at the possibility of collaborating with the Ethereum network on automatic payments. The London-based engineer they are looking for will play an essential role in driving the development of the company’s future crypto-related products.
Price Action: At the time of writing, ETH was trading at $1,823, down 2.14% in the last 24 hours, according to Benzinga Pro.