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payments company Shift4CNBC
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84% Informative
Jared Isaacman is the founder of Shift4, a fintech company that provides secure payment processing solutions for businesses.
The company's stock price has jumped almost 40% this year , lifting its market cap to $9.3 billion .
Isaacman started the business in 1999 at age 16 and took it public on the New York Stock Exchange in 2020 .
Visa and Mastercard are the dominant stablecoins in the U.S. market.
Stablecoins are the bridge between the crypto ecosystem and the traditional financial system.
Experts are waiting to see how the big credit card companies respond and whether they come out with their own coins.
Tether 's USDT and Circle 's USDC have about 90% of the market combined.
Isaacman has led two private spaceflights through SpaceX, in 2021 and 2024 .
He dropped out of school and built the company from his parents' basement as a teenager.
Isaacman 's nomination to lead NASA "reflects my passion for advancing humankind's reach among the stars," he says.
VR Score
83
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80
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76
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English
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