Visa exec Tim Moncrieff says stablecoins are being watched for cross-border payments, in Money20/20 discussion

Visa’s Tim Moncrieff used a Money20/20 appearance to draw attention to stablecoins as part of the conversation around cross-border payments, positioning the topic as one area where payments networks and partners are looking for incremental improvements in speed and certainty of value transfer.

Moncrieff, who is described as Visa’s managing director for payments and Currency Cloud, appeared on NYSE Floor Talk during Money20/20 Europe, according to the event video listing. The discussion focused on stablecoins and what their adoption could mean for how funds move between countries and payment ecosystems.

Stablecoins, broadly speaking, are digital tokens designed to hold a relatively stable value, often tied to a fiat currency. Cross-border payments, meanwhile, remain a costly and sometimes slow part of global commerce, particularly when transfers involve multiple intermediaries, changing settlement timelines, and currency conversion steps. In the Money20/20 conversation, Moncrieff treated stablecoins as a technology category relevant to that problem space.

The appearance did not provide additional, specific figures in the material available for this write-up, such as measured performance improvements, timelines for deployment, or named pilot programs. It also did not, in the posted item, outline a particular Visa product launch, partnership announcement, or regulatory milestone connected to stablecoins.

Still, the decision to feature stablecoins in a Visa executive discussion at Money20/20 indicates that large card and payments networks are engaging with digital-asset-adjacent rails as the industry explores options beyond traditional bank messaging and correspondent banking routes.

For Visa, the strategic backdrop is that cross-border payments depend on coordination across issuers, acquirers, and settlement partners. The more the industry can standardize transfer processes and reduce frictions at settlement, the more it can improve the experience for banks, merchants, marketplaces, and remittance providers that rely on predictable payment timelines.

What is not clear from the posted segment listing is how Moncrieff framed Visa’s near-term stance on stablecoins in operational terms, such as whether Visa expects stablecoins to be used for settlement, for liquidity management, or primarily as an interface technology for partners. The listing also does not indicate whether the remarks were descriptive of industry trends or tied to a specific Visa-backed initiative.

Investors and payments practitioners will likely look for follow-through in the months ahead, including any concrete disclosure of pilots, settlement or liquidity experiments, or partner deployments that translate stablecoin interest into measurable outcomes. Until then, this Money20/20 appearance functions mainly as a announcement that stablecoins remain in the active planning discussion around cross-border payment evolution.