Visa CEO: Visa has been working on stablecoin use cases for years

Ryan McInerney, CEO of global payments giant Visa, appeared on CNBC and stated that the company has been working on stablecoin use cases for years. With stablecoin legislation currently being put in place in the U.S., Visa plans to move forward and introduce stablecoin innovation to the world, The Daily Hodl reported. McInerney also stated that if there’s enough demand for stablecoins as a mode of currency, the company could allow stablecoins on the Visa payment network, scaling stablecoins to “billions of end points.”