Squawk on the Street Ceasefire Rally, Powell Testimony Day 1, Exclusive: Visa CEO on Stablecoins and the Consumer 6/24/25
Jun 24, 2025
Ryan McInerney, CEO of Visa, shares insights on the company's strategic approach to stablecoins and the evolving payment landscape. He discusses how stablecoins could lower merchant fees and enhance transaction efficiency, potentially transforming consumer experiences. The conversation also touches on the geopolitical ramifications affecting the economy, including oil prices and inflation pressures, as well as how Visa is navigating these changing market conditions while addressing consumers' financial needs.
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Visa's Stablecoin Strategy
- Visa embraces stablecoins as a complementary innovation, not a threat.
- Their scale, trust, and network position them to enable stablecoin transactions globally.
U.S. Consumer Spending Stays Strong
- Consumer spending in the U.S. is strong despite uncertainty and worry.
- Employment, wage growth remain strong; some sectors like travel soften but overall volume grows.
Visa's Security Investment Pays Off
- Visa invests billions in cyber and fraud protection to ensure network safety and consumer trust.
- This trust ecosystem is a key competitive advantage over emerging payment forms.