Published Jul 29, 2026, 11:03 AM ET · Updated 3 months ago · 2 sources
THE BLOCK: Visa supports Open USD $OUSD, but stops short of saying it will compete with Tether's USDT or Circle's USDC. "Our role is not to pick winners. Our role is to help clients connect to the stablecoin ecosystem securely and at scale, regardless of which stablecoin ... ultimately gains adoption," CEO Ryan McInerney said on Tuesday's earnings call.
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Original Report
THE BLOCK: Visa supports Open USD $OUSD, but stops short of saying it will compete with Tether's USDT or Circle's USDC. "Our role is not to pick winners. Our role is to help clients connect to the stablecoin ecosystem securely and at scale, regardless of which stablecoin ... ultimately gains adoption," CEO Ryan McInerney said on Tuesday's earnings call.