Ryan McInerney, CEO of Visa, stated during an earnings conference call, "Our role is not to pick winners," indicating that Visa would maintain a strategy of not favoring specific stablecoins. According to The Block, when asked whether he views the new dollar-pegged stablecoin OpenUSD (OUSD) as a competitor to USDC and USDT, he emphasized, "Visa will continue to maintain a multi-coin, multi-chain strategy," adding, "Regardless of which stablecoin, network, or infrastructure is ultimately adopted, Visa's role is to help customers connect safely and at scale to the stablecoin ecosystem."
