[Visa's Head of Crypto Business Bets on Stablecoin Settlements, Expects Transaction Volume Growth] According to Reuters, Visa's Head of Crypto Business, Cuy Sheffield, stated that the company is working to integrate stablecoins into its existing payment systems to maintain market leadership. He acknowledged that stablecoins currently lack a large-scale merchant acceptance network, making Visa's channels essential for driving user adoption. Visa's annualized stablecoin settlement volume has reached $4.5 billion and is growing significantly month by month, with demand primarily coming from stablecoin-linked payment card providers. Regarding the trend of institutions like Goldman Sachs, UBS, and European banks planning to issue their own stablecoins, Sheffield expressed optimism about the development prospects of euro-denominated stablecoins.