Visa seeks new college grads for Crypto Development Program

According to a recent job posting, Visa is inviting new college graduates to join its 18-month rotational Crypto Development Program. Applicants will alternate between three departments of Visa's current crypto ecosystem: Crypto Product, Crypto Solutions, and Digital Partnership, where they are given training, development, mentoring, networking, and leadership exposure on top of practical experience in the industry.

The job listing does not require any specific majors, although those studying the liberal arts, business, computer science, and related fields are preferred. In addition, only applicants who graduated or will graduate from a Bachelor's degree program between Dec. 2021 to Aug. 2022 qualify.

Notable duties include building subject matter expertise in specific areas of crypto, learning how to build new products inside of Visa, discovering how crypto companies operate, supporting product partnerships, and learning about new crypto business models.

Over the past year, Visa has been making small but incremental moves into the crypto space, such as announcing a new crypto consulting service for merchants and banks, working on blockchain interoperability hub for crypto payments, and partnering with crypto enterprise payment platforms to expand credit options for businesses. Each year, the payment solutions provider facilitates 215 billion transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries.

In July 2021, Visa representatives also spoke about the company's perception of stablecoins, saying:

"Stablecoins are on track to become an important part of the broader digital transformation of financial services, and Visa is excited to help shape and support that development,"