Visa is reportedly hiring senior software engineers to help build scalable Web 3.0 products and drive mainstream adoption of public blockchain networks and stablecoin payments. The company is searching for engineers with a good understanding of public and permissioned distributed ledger technology (DLT) networks, security protocols, and private key custody, as well as Layer 1 and Layer 2 solutions and experience writing smart contracts using the Solidity programming language. Visa is likely to tap the Polygon network to scale its Ethereum smart contract capabilities in Web 3.0 development. The company has already made investments in the NFT and stablecoins market and is working with central banks to help scale the adoption of CBDCs. Visa's CBDC Payments Module is designed to provide an on-ramp for CBDC to existing payment networks.

(By Steve Muchoki)

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