The payments giant said its 7-day-a-week stablecoin settlement program helped accelerate transaction throughput. But despite the growth, Visa CEO Ryan McInerney described the volume as both meaningful and modest compared to the firm’s total settlement activity.
According to him:
“It’s still early, but we do see real potential, which is why we’ve been investing in the crypto space broadly in the stablecoin space specifically for many years now. We’ve built up a team of real experts that I think are very well respected among the ecosystem, but it’s early.”
Notably, Visa has been developing programmable payment tools that would reduce friction in global payments, which often suffer from slow processing times and banking delays.
McInerney noted that regulatory clarity will be critical for the next phase of stablecoin adoption. He expressed optimism that recent developments in the US and other regions could pave the way for greater use of tokenized payments.
He said:
“We are optimistic about the – kind of the US government passing more clear and pragmatic regulations, I think not just in the US, but hopefully other countries as well.”
With global regulations taking shape, Visa sees a growing opportunity to expand its crypto infrastructure.
McInerney hinted at further announcements in the pipeline, pointing to an upcoming product showcase that will highlight Visa’s latest work in digital asset settlement and programmable finance.
