Card networks could enable instant stablecoin settlement onchain, Cuy Sheffield notes

Card networks could enable instant stablecoin settlement onchain, Cuy Sheffield notes
Instant onchain stablecoin for card settlement

Cuy Sheffield, vice president and global head of crypto at Visa, explores the potential for card networks to achieve instant settlement using stablecoins onchain at merchant endpoints.

Sheffield raises the prospect of leveraging blockchain technology to improve payment settlement speeds.

Sheffield previously noted that Visa CEO Ryan McInerney discussed Visa CLI and command line commerce on the company's earnings call, according to a recent report. He has also highlighted the ongoing influence of Dee Hock’s management priorities at Visa Crypto Labs and in AI-driven teams, as detailed in another interview. These themes continue to inform Visa’s exploration of payments and technology.

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