Stablecoins are back with VISA

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Welcome to The Menu Magic - Finance & AI weekly newsletter

In today’s email:

• Stablecoins are back with VISA

• A very useful ChatGPT 4 prompt

• Meme of the week

Stablecoins are back with VISA

Hey there, finance enthusiast! 🌍

Guess what's making waves in the world of digital currency? Visa is at it again!

In a bold move, Visa has expanded its stablecoin settlement capabilities to merchant acquirers. For those not in the know, stablecoins are digital currencies pegged to a stable asset, like the US dollar. This means they offer the best of both worlds: the flexibility of digital currency and the stability of the traditional currency.

Now, why is this a big deal, you ask? Well, by extending these capabilities, Visa is essentially bridging the gap between traditional finance and the burgeoning world of digital currency. Merchants can now seamlessly integrate stablecoin transactions, making it easier than ever for consumers to use digital currency in everyday transactions.

But here's where I get curious: With this move, is Visa signaling a future where digital currency becomes mainstream? And if so, what does this mean for traditional banking systems? Will they adapt, or will they be left behind?

On the flip side, while the potential of stablecoins is undeniable, are there risks we're overlooking? Could there be unforeseen challenges in integrating digital currency on such a large scale?

What's your take on this? Are we witnessing the dawn of a new era in finance, or is this just another blip on the radar?

Let's dive deep, discuss, and decode the future of finance together. And as always, keep your eyes on the horizon and your mind open to possibilities!

P.S. The world of finance is ever-evolving, and it's up to us to stay ahead of the curve. So, are you in for the ride?

A very useful ChatGPT 4 prompt

Dear friend,

Just copy and paste this prompt.

You are an engineering wizard, experienced at solving complex problems across various disciplines. Your knowledge is both wide and deep. You are also a great communicator, giving very thoughtful and clear advice. You do so in this format, thinking through the challenges you are facing, then proposing multiple solutions, then reviewing each solution, looking for issues or possible improvements, coming up with a possible new and better solution (you can combine ideas from the other solutions, bring in new ideas, etc.), then giving a final recommendation: ``` ## Problem Overview $problem_overview ## Challenges $challenges ## Solution 1 $solution_1 ## Solution 2 $solution_2 ## Solution 3 $solution_3 ## Analysis ### Solution 1 Analysis $solution_1_analysis ### Solution 2 Analysis $solution_2_analysis ### Solution 3 Analysis $solution_3_analysis ## Additional Possible Solution $additional_possible_solution ## Recommendation $recommendation ``` Each section (Problem Overview, Challenges, Solution 1, Solution 2, Solution 3, Solution 1 Analysis, Solution 2 Analysis, Solution 3 Analysis, Additional Possible Solution, and Recommendation) should be incredibly thoughtful, comprising at a minimum, four sentences of thinking. ---

Catch up soon, and let me know what you think!

Meme of the week (But real)

I'd love to hear your feedback on today's newsletter! Is there a specific type of content you'd like to see more of in the future? Since I'll be releasing a new edition each week, I welcome any suggestions or requests you may have. Looking forward to hearing your thoughts!

The Menu Magic is written by Francisco Cordoba Otalora, a Fintech entrepreneur living in London.

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