Marcos Numes I Future of Payments I Gnosis Pay I Pragma London 2024

Wed, Oct 2, 2024, 12:00 AM

In this exciting session from Pragma London 2024, Marcos Numes, co-founder of Gnosis Pay, shares how the future of payments is becoming reality with the world’s first decentralized checking account. Discover how Gnosis Pay connects crypto wallets directly to Visa-compatible cards, enabling seamless real-world payments using stablecoins. Learn about the technology behind point-of-sale blockchain authorization, digital asset pre-settlement, and how Gnosis Pay eliminates traditional off-ramp friction. Marcos discusses their journey navigating global regulation, launching across 40+ countries, and their vision for expanding access to financial infrastructure worldwide through decentralized rails. Whether you’re a Web3 builder, fintech founder, or crypto enthusiast, this talk is a must-watch for understanding how self-custody, DeFi, and mainstream payments are finally coming together. 00:00 Intro and welcome to Marcos Numes 01:27 What is Gnosis Pay and how it works 02:07 Using stablecoins at Visa payment terminals 03:30 Behind the scenes: blockchain to fiat flow 04:58 Understanding regulated card issuance 06:11 How blockchain transactions are authorized 07:35 Building Gnosis Pay and regulatory challenges 09:34 Real-world usage: 40+ countries and live testing 10:08 Better FX rates and competitive comparisons 10:50 Sustainable revenue model for Web3 projects 11:23 Working with Visa and industry collaboration 12:41 Gnosis Pay’s mission as a decentralized bank 14:00 Bridging L1s, fiat, and real-world finance 15:25 Enabling wallets and users with seamless off-ramps 16:46 Why off-ramp fees exist and how Gnosis Pay differs 18:01 Making crypto spending as simple as banking 18:32 Global expansion and upcoming product launches 19:40 Adding Apple Pay, e-commerce, and new use cases 20:17 Bridging native USDC and public roadmap wrap-up _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🇬🇧 *Pragma London* Pragma London took place at Christchurch Spitalfields in London on March 14, 2024, and was an in-person summit for builders and leaders in the web3 ecosystem. Watch the full Pragma London playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh7rvaHBM14peT1TwI3QX38p&si=MzGrEYwYjxSQFiFM ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. Ever since we first introduced our new event series Pragma in Tokyo of the spring of 2023, we have been fostering a curated, global community of individuals who deeply care about web3. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ *Follow Gnosis Pay* X: https://x.com/gnosispay ✅ *Follow ETHGlobal* X: https://x.com/ETHGlobal​ Warpcast: https://warpcast.com/ethglobal Website: https://ethglobal.com YouTube: https://www.youtube.com/c/ETHGlobal _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Are you interested in Ethereum development and entrepreneurship?_ 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _