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KS
Kai Sheffield
head of crypto at Visa
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Explaining demand behind Visa's stablecoin platform launched three weeks earlier, built to let financial firms issue, move and manage stablecoins; launched with open USD rather than USDC/USDT.
And I think at this stage every bank needs to have a stablecoin strategy.
Bitcoin since this was said: ▲ +1.0% · 64,062 → 64,703 · as of 2026-08-05
Answering why stablecoins need Visa when adjusted stablecoin volume hit a record $1.79T in June and $8.8T in H1 mostly without Visa; cites ~$10B annualized stablecoin settlement and Western Union's new stablecoin card.
So we've seen stable coin link cards growing at triple digits over the past year and nearly every week there are new stable coin link card programs that are going live across our network.
Bitcoin since this was said: ▲ +1.0% · 64,062 → 64,703 · as of 2026-08-05
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