Visa Sees Stablecoins as Strategic Opportunity, Not a Threat
Visa’s Head of Crypto, Cuy Sheffield, shared that the company views the growing adoption of stablecoins as a potential benefit rather than a disruption to traditional payment networks. While stablecoins provide an alternative to credit card payments, most usage today involves large-value transfers rather than everyday retail transactions. Sheffield emphasized that the real growth potential lies outside the U.S.—especially in emerging markets where demand for U.S. dollar exposure is strong, but access remains limited.