Walmart CTO: Crypto Will Play Very Important Role in Payments Disruption

Cryptocurrencies fall into one of the major areas of payments disruption and will become an important part of how customers transact, according to Suresh Kumar, the global chief technology at the retail giant Walmart. “Crypto is going to continue to play a very important role in that. And obviously, we want to be there where the customer really needs us to be,” Kumar said at Yahoo Finance's All Markets Summit on Monday. Kumar also suggested that part of that disruption will be happening in the metaverse on live streams, inside your social media app. "So whether it is physical goods or virtual goods, cryptocurrencies play a part in terms of what the customer wants," said Kumar.