Walmart CTO says crypto will become a 'major' payments disruptor

Cointelegraph

Published Oct 17, 2022 10:15PM ET

Updated Oct 18, 2022 12:00AM ET

Walmart’s global chief technology officer (CTO) Suresh Kumar has tipped cryptocurrency to become a "major" area of disruption, particularly in how customers pay for virtual and physical goods in the future.

Speaking at the Yahoo Finance All Markets Summit on Oct. 17, Kumar outlined Walmart’s positive stance on digital assets, noting that “crypto will become an important part of how customers transact” for both physical and virtual goods.

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