Visa's view on the future of financial technology

Stablecoins and payment systems: Visa's view on the future of financial technology

Visa's crypto director Kay Sheffield stated that stablecoins could become a key element in the modernisation of payment systems.

Why are stablecoins important?

Sheffield emphasised that 2025 could be a turning point when the popularity of cards linked to stablecoins begins to grow rapidly. In his view, such tools will allow for:

• Reducing transaction costs: the use of stablecoins eliminates the need for intermediaries in international transfers, making payments faster and cheaper.
• Increasing accessibility: crypto cards can provide financial services to millions of people who do not have traditional bank accounts.
• Ensuring transparency: thanks to blockchain, stablecoin transactions are easy to track, which increases trust among participants.

Statistics and trends

• According to Messari research, the volume of stablecoin transactions in 2023 exceeded $7 trillion, which is comparable to the payment processing of major international systems.
• In 2024, stablecoin issuance is forecast to increase by 20-25%, indicating growing trust in this technology.
• Approximately 40% of e-commerce companies are already testing the integration of crypto cards for their customers.

Outlook for 2025

Experts believe that cards linked to stablecoins could capture up to 15% of the global digital payments market. This is due to ease of use and increasing interest from both individual users and large corporations.

Against the backdrop of the rapid development of financial technologies, Visa's forecast regarding the role of stablecoins in the near future seems not only promising but also quite realistic.