ValueAct Raises Stake in Amazon, Cuts Holdings in Expedia, Visa.

Valueact Holdings has increased its stake in Amazon and reduced its holdings in Expedia and Visa. The finance expert with experience at Bloomberg notes that Visa specializes in issuing and marketing payment cards, with a focus on credit, debit, online, and prepaid cards. The company generates 58.9% of its net sales from abroad, with activity organized into two main areas: sales of payment means and services such as consulting and assistance.

Visa Inc. (NYSE: V) is making significant strides in the burgeoning stablecoin market, positioning itself as a bridge between traditional and digital payment systems. The company, long known for its global payment network, is now expanding its stablecoin settlement services and exploring partnerships with fintech firms and major banks [1].

Cuy Sheffield, Visa’s head of crypto, has been instrumental in driving this strategy. Under his leadership, Visa has been rapidly expanding its stablecoin settlement services, which allow clients to fulfill their VisaNet obligations in stablecoins, thus enabling settlement up to seven days a week. This initiative has seen cumulative volume surpass $200 million [1].

Visa is also exploring the possibility of launching its own stablecoin, while continuing to leverage its existing infrastructure to bring stablecoins into the mainstream for both merchants and consumers. The stablecoin market has grown significantly, reaching nearly $269 billion and is projected to expand to as much as $2 trillion within the next three years [1].

Despite the potential for stablecoins to disrupt traditional payment networks, Visa sees this as an opportunity rather than a threat. While stablecoin payments are theoretically cheaper than card fees, they still require services like fraud detection, dispute resolution, and compliance checks. Moreover, stablecoins still need to connect to existing bank-payment systems and fiat currency conversion [1].

In emerging economies, where access to traditional banking and cards is limited, Visa sees a significant opportunity. The company has recently partnered with Yellow Card, a stablecoin payments company operating globally, including many African countries, to explore stablecoin use in treasury operations, liquidity management, and cross-border transfers [1].

Visa's stock has shown resilience, rising 30% over the past year, with revenue growing 14% to $10.2 billion in the third quarter. However, the long-term impact of stablecoins on Visa's core business remains uncertain, as regulators introduce clearer rules and competitors like PayPal and Stripe expand their stablecoin operations [1].

References:
[1] https://www.bloomberg.com/news/articles/2025-08-12/visa-s-crypto-chief-aims-to-leverage-2-trillion-stablecoin-era