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Breaking Massive Visa Solana Partnership (Crazy HBAR News)

Originally aired on September 5, 2023

In this episode of The O Show, Wendy O discusses several breaking news stories in the crypto and blockchain industry. She talks about the partnership between Visa and Solana, the possibility of running Ethereum nodes on mobile phones, a lawsuit against the SEC by private funds, global standard setters calling for crypto policy coordination, and the acceptance of crypto payments via PayPal for driver’s license and vehicle registration renewals in Colorado. Wendy also covers topics like the bullish sentiment of Jim Cramer towards Binance and CZ, the launch of a blockchain healthcare company on Hedera Hashgraph, and the implementation of Bitcoin education in every public school in El Salvador by 2024.

Partnership between Visa and Solana

  • Visa expands USDC stablecoin settlement capabilities to Solana
  • Aim to speed up cross-border settlements and provide a stablecoin payment option
  • Solana becomes one of the first major financial institutions to use Solana Network at scale for settlement

Possibility of running Ethereum nodes on mobile phones

  • Vitalik Buterin believes future Ethereum upgrades could allow full nodes to run on mobile devices
  • This could help decentralize the network and improve scalability
  • Currently, running a full Ethereum node requires specific hardware specifications

Lawsuit against the SEC by private funds

  • Private fund industry files a lawsuit against the SEC over new oversight rules
  • The industry argues that the rules are excessive and harmful to businesses and consumers
  • The rules aim to increase transparency, fairness, and accountability in the private fund industry

Global coordination on crypto policy

  • The Financial Stability Board and the International Monetary Fund (IMF) are delivering a paper at the G20 Summit
  • The paper calls for global coordination, cooperation, and information sharing on crypto policy
  • India requested the paper, and it includes a roadmap for implementing a policy framework for crypto

Acceptance of crypto payments via PayPal in Colorado

  • Colorado’s DMV accepts crypto payments for driver’s license and vehicle registration renewals
  • Crypto payments go through PayPal, supporting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin
  • Service fee applies, and Colorado Department of Revenue already accepts crypto for tax payments

Bitcoin education in El Salvador’s public schools

  • El Salvador plans to implement Bitcoin education into every public school by 2024
  • A Bitcoin diploma program will be taught to 150 teachers from 75 schools
  • If successful, the program will be rolled out to all schools nationwide

00:00 – Intro

04:15 – Killer Whales TV teaser clip $HELLO

07:10 – BTC price analysis

10:00 Visa adds Solana to stablecoin settlements

13:25 – SEC overreach

16:00 – Global crypto policy roadmap

18:20 – SOL price analysis

20:00 -BitGo working with South Korean bank

21:30 – Tradfi firms unsure about crypto

22:10 – Jim Cramer reportedly buying up BNB Binance

22:30 – Wendy’s mom loves Killer Whales!

24:00 – Back to Jim Cramer

24:15 – DMV accepts crypto payments through Paypal

25:40 – Gala Games lawsuits recap

26:55 – $100M fund for artificial intelligence focused crypto projects

27:55 – Circle deploys USDC on OP mainnet & Base

29:00 – Bybit launches ChatGPT based data analysis tool

29:45 – Healthcare company live on Hedera HBAR

31:50 – Ethereum nodes to run on mobile phones

33:25 – Metamask scammers take over government websites

34:15 – El Salvador to add BTC to school curriculum