Tag: mastercard

Mastercard Exec to DeFi: 3 Reasons Why This Changes Everything

Mastercard Exec to DeFi: 3 Reasons Why This Changes Everything

The whispers have become a roar. The skepticism is fading, replaced by something far more powerful: action. Vince Dowdle's leap from Mastercard to Frax Finance isn't just a career change; it's a seismic shift signaling a fundamental change in the financial landscape. This isn't just about one guy leaving a...

DeFi's Faustian Bargain? Mastercard Exec & The Cost of Legitimacy

DeFi's Faustian Bargain? Mastercard Exec & The Cost of Legitimacy

The lacquer of respectability can be a strong song of the siren. DeFi, after years of living on the margins, is now more attracted to its siren call than ever. Former Mastercard executive Vince Dowdle installed as CEO in early 2020 CoinDesk Vince Dowdle frax finance This new decentralized stablecoin...

Mastercard Exec to DeFi: Is This the Future of Finance?

Mastercard Exec to DeFi: Is This the Future of Finance?

The global financial system is in the midst of radical upheaval— increasingly merging centralized (or classic) finance (TradFi) with decentralized finance (DeFi) realms. Executives are departing from legacy TradFi players such as Mastercard. To Compound, Aave and other smart new DeFi developments, underscoring the foundational change in the sector. This...

Frax Finance Enlists Mastercard Veteran to Bridge DeFi and Wall Street

Frax Finance Enlists Mastercard Veteran to Bridge DeFi and Wall Street

Frax Finance, a decentralized stablecoin protocol, recently made headlines with the appointment of Vince Dowdle, who most recently worked with Mastercard. This decision foreshadows a future merger between the worlds of decentralized finance (DeFi) and old Wall Street. Dowdle’s arrival is a significant hire for Frax. With this blue-chip background...

Mastercard Veteran Joins Frax in Bid to Bridge DeFi and Traditional Finance

Mastercard Veteran Joins Frax in Bid to Bridge DeFi and Traditional Finance

Frax, a decentralized stablecoin protocol that’s been stirring up quite the ruckus within the DeFi world, has brought on Vince Dowdle, former head of product at Mastercard. This 180-degree turn marks the increasing trend of traditional finance executives joining the decentralized finance space. It’s a sign that the long-anticipated connection...

Mastercard Exec to DeFi: Is TradFi Finally Embracing Crypto?

Mastercard Exec to DeFi: Is TradFi Finally Embracing Crypto?

The world of decentralized finance (DeFi) moves incredibly fast. Tether’s recent move to invest in a liquidity portfolio has sent shockwaves through both the crypto and TradFi worlds. And earlier this month, a well-regarded former Mastercard executive joined the team at Frax Finance, a rising star in the rapidly growing...

Mastercard Exec's DeFi Leap: 3 Reasons Why This Changes Everything

Mastercard Exec's DeFi Leap: 3 Reasons Why This Changes Everything

Vince Dowdle's jump from Mastercard to Frax Finance isn't just a career move. It's a seismic shift in the financial landscape. It's not just about one guy changing jobs. It's about finance itself being redefined. You might think, "So what? Another executive joins a crypto company." Dig deeper. This topic...

Mastercard to DeFi: Is This Freedom or a New Kind of Control?

Mastercard to DeFi: Is This Freedom or a New Kind of Control?

The lines are blurring. Vince Dowdle, former exec at Mastercard, now working with Frax Finance. This is not only good news, it’s a seismic change. Is this the beginning of DeFi’s maturation, or its appropriation? As a representative of the financial inclusion movement, I’m personally committed to the dream that...