Visa views digital currency as the next evolution of money, spanning cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). Cryptocurrencies act as digital gold but see limited payment use due to volatility, while stablecoins offer fiat-backed stability and cross-border utility. CBDCs, explored by 86% of central banks, mirror cash in digital form. Visa’s strategy centers on enabling crypto payments at its 70M merchants, settling in USDC, offering APIs, and fostering new payout flows. Research focuses on offline capability, privacy, and interoperability, positioning Visa as a key bridge in the digital currency ecosystem.

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