PANews reported on July 27 that according to BusinessInsider, Cuy Sheffield, head of Visa's crypto business, said he is not worried that the rise of stablecoins may pose a threatPANews reported on July 27 that according to BusinessInsider, Cuy Sheffield, head of Visa's crypto business, said he is not worried that the rise of stablecoins may pose a threat
Visa crypto executive: Not worried about stablecoins threatening traditional payment companies
1 min read
PANews reported on July 27 that according to BusinessInsider, Cuy Sheffield, head of Visa's crypto business, said he is not worried that the rise of stablecoins may pose a threat to traditional payment companies, even if stablecoins provide consumers with a new way to pay without a credit card. The payment giant sees the rise of stablecoins as an opportunity. Cuy Sheffield pointed out that stablecoins do not solve too many problems in retail payments, because data shows that most of the stablecoin transaction volume comes from high-value transfers rather than retail transactions. He added that the opportunities for stablecoins are mainly in emerging market-centered economies outside the United States, which have demand for US dollars but do not have many channels to obtain US dollars.
Market Opportunity
Notcoin Price(NOT)
$0.000446
$0.000446$0.000446
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
XRP Enters ‘Washout Zone,’ Then Targets $30, Crypto Analyst Says
XRP has entered what Korean Certified Elliott Wave Analyst XForceGlobal (@XForceGlobal) calls a “washout” phase inside a broader Elliott Wave corrective structure
Share
NewsBTC2026/02/05 08:00
Republicans are 'very concerned about Texas' turning blue: GOP senator
While Republicans in the U.S. House of Representatives have a razor-thin with just a four-seat advantage, their six-seat advantage in the U.S. Senate is seen as
Share
Alternet2026/02/05 08:38
Headwind Helps Best Wallet Token
The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27