Visa Payments Will Rely on 'Multiple Blockchains', Says Head of Crypto

In a blog post, Visa's Head of Blockchain, Cuy Sheffield, expressed optimism about the potential of blockchain technology, comparing it to the early days of the internet. Sheffield believes that blockchain networks will mature over the next decade, offering increased efficiency, lower costs, and improved ease of use. Visa is already exploring the use of stablecoins and blockchain networks like Solana to enhance its payment network and facilitate cross-border transactions.