Visa’s Crypto Chief Aims to Leverage $2 Trillion Stablecoin Era

For decades, Visa Inc. has stood at the center of global payments, with its network facilitating trillions of dollars in commerce each year. Now, as stablecoins rocket into the spotlight touting faster and cheaper alternatives to traditional platforms, the company faces a pivotal test: ensuring they enhance — not erode — its core business.

Enter Cuy Sheffield, Visa’s head of crypto. Over the past year, Sheffield’s team has expanded the company’s stablecoin settlement business, partnered with a major bank on issuing its own tokens and inked deals with fintech firms globally.