Moneyneversleeps

Eoin Fitzgerald and Pete Townsend walk through Amazon’s new partnership with BNPL (buy-now-pay-later) player Affirm and what this means for the Amazon flywheel, and then answer the question ‘what’s a stablecoin?’ in the context of USD Coin and the Centre Consortium, before diving into the world of NFTs through Visa’s $150,000 purchase of a CryptoPunk NFT and the big opportunity for monetizing the metaverse. MAIN STORIES COVERED: Amazon-Affirm BNPL (buy-now-pay-later) Affirm shares soar nearly 47% after Amazon partnership that lets consumers buy expensive things in installments (CNBC, 30-Aug-21) Is Affirm's Amazon Deal Better Than Walmart? (Fintech Business Weekly/Jason Mikuda, 29-Aug-21) How does Affirm make money? (Finty, 21-Jun-21) USDC and Stablecoins Centre Consortium announces new team to create 'global network of stablecoins' (the Block (via Coindesk), 30-Aug-21) AID:Tech utilises Circle and USD Coin to provide fraud resistant disaster relief(Finextra, 30-Aug-21) Visa is now supporting settlement of car