Suggestions
Jose da Ponte
SVP, Blockchain, Crypto and Digital Currencies at PayPal
Jose Fernandez da Ponte is a highly experienced professional currently serving as the Senior Vice President and General Manager of Blockchain, Crypto, and Digital Currencies at PayPal.
In his role at PayPal, Jose is instrumental in leading the company's initiatives to enhance the accessibility and utility of digital currencies for millions of consumers worldwide.
With a strong background in financial services and payments, Jose's expertise has been honed through leadership positions at multinational organizations such as BBVA and renowned consulting firm McKinsey & Company.
Jose's tenure at PayPal has seen significant advancements, including the expansion of crypto capabilities into the UK and the European Union, integration of digital currencies for transactions at numerous merchants, and enabling customers to engage in digital asset transactions on platforms like PayPal and Venmo.
His educational background includes a Master of Science degree from the London School of Economics and Political Science and a Licenciado degree from Universidad Pontificia Comillas.
Prior to his current role, Jose has held key positions such as VP of Global Business Development at PayPal, EVP of Beyond Core - Advanced Science and Technology at BBVA, and Co-founder & Partner at Quercus Equity Partners, showcasing his versatile skill set and strategic acumen.
Jose's diverse experience encompasses roles such as General Manager for Spanish-Speaking South America at PayPal, Head of Strategy for Emerging Markets at PayPal, and Engagement Manager at McKinsey & Company.
Furthermore, his background includes a stint as a Technology Finance Portfolio Manager at Hewlett Packard, indicative of his proficiency in managing financial portfolios within the technology sector.
Highlights
Nicely done, MetaMask, David W., Smitha Purohit and all the team
I have wanted to share this news for years.
In the following weeks, we will enable zero transaction fees on remittances funded in #PYUSD at Xoom, A PayPal Service to more than 160 countries.
Senders will be able to fund their remittance in PYUSD with no transaction fees, and friends and relatives back home will receive their funds in local currency in their preferred destination—cash pick-up, bank accounts, or mobile money wallets. On the receiver side, there is no need to set up different wallets or convert stablecoins into fiat. Same experience, lower cost, making money go further.
Mainstream adoption of digital currencies and stablecoins requires frictionless access for millions of consumers and a reason to adopt. We are bringing the promise of stablecoins to remittances right in the same apps and channels where senders and receivers already are, helping them make their money go further to support their families and loved ones.
Congratulations to the fantastic teams at PayPal, including Xoom, A PayPal Service, and our #BCDC Digital Currencies team, for making this happen. Looking forward to seeing it live in a few weeks.
