Visa CEO Sees Stablecoins as Growth Opportunity, Not a Threat

Visa does not view stablecoins as a threat but as an opportunity to expand its payments infrastructure, according to CEO Ryan McInerney during the company’s Q3 earnings call. McInerney said Visa supports the Genius Act, the stablecoin legislation recently signed into law by President Donald Trump, calling it a major step toward regulatory clarity.

According to Visa, stablecoins have relevant applications in emerging economies with limited access to U.S. dollars, as well as in cross-border transactions, including B2B payments and remittances. The company is already working with partners such as Bridge and RAIN, as well as banks, to issue stablecoin-linked cards.

Since 2020, Visa has facilitated more than $25 billion in crypto spending through assets such as Bitcoin and Ethereum. The company emphasized that its role is to provide trust, standards, connectivity, and interoperability to the growing digital asset ecosystem.