LATEST: Visa CEO Ryan McInerney says Visa "will remain multi-coin, multi-chain" and won't pick winners between Open USD, USDT, and USDC.

What happened

Visa CEO Ryan McInerney said Visa will stay multi‑coin and multi‑chain, supporting several stablecoins and not choosing a single winner among Open USD, USDT, and USDC.

Confirmed

Global impact / market context

Visa’s stance signals that a major payments network will keep its infrastructure open to multiple digital currencies, which could encourage broader merchant adoption and keep competition alive among stablecoin providers.

Analyst inference

Stablecoins are increasingly used for cross‑border payments and e‑commerce. Visa’s decision comes as regulators and rivals debate which digital assets will become mainstream, affecting how quickly the ecosystem expands.

Analyst inference

What to watch

1. Whether Visa integrates any of the mentioned stablecoins into its payment APIs, which would show practical commitment and could boost transaction volumes. Proposed
2. Regulatory developments around stablecoins in key markets, as tighter rules could limit Visa’s ability to support certain tokens. Proposed
3. Competitive moves by other payment processors that might choose a single stablecoin, influencing market share and pricing dynamics. Proposed

Affected assets

• USDC — USD Coin
• USDT — Tether

Evidence

• x.com