Odaily Planet Daily reports: During the earnings call, Visa CEO Ryan McInerney stated that Visa’s role in the stablecoin space is not to pick winners, but to help clients securely and scalably connect to the stablecoin ecosystem.
Last month, Visa joined over 140 companies, including Stripe, Mastercard, BlackRock, and Coinbase, in supporting the Open Standard, which plans to launch the stablecoin Open USD (OUSD) later this year. Following the announcement, the market speculated that OUSD could challenge Tether’s USDT and Circle’s USDC.
When asked whether Visa views OUSD as a competitor to USDT and USDC, McInerney stated that Visa will maintain a "multi-currency, multi-chain" strategy in the future and will not bet on a single stablecoin, network, or infrastructure.
He said Visa's goal is to enable customers to access the stablecoin ecosystem, regardless of which stablecoin, network, or underlying infrastructure ultimately gains adoption.
Ark Invest's analysis suggests that Visa is clearly interested in Open USD, but this does not necessarily mean it views OUSD as an exclusive strategic bet. Overall, Visa appears to be maintaining an open involvement in stablecoin infrastructure rather than directly aligning with a specific stablecoin issuer.