Visa Stablecoin Settlement Volume Surges to $20B Annualized
What happened: Visa announced its onchain lending infrastructure now supports over 160 stablecoin-linked card programs, with annualized stablecoin settlement volumes exceeding $20 billion—a 15-fold in
What happened: Visa announced its onchain lending infrastructure now supports over 160 stablecoin-linked card programs, with annualized stablecoin settlement volumes exceeding $20 billion—a 15-fold increase year-over-year. The expansion, enabled through partnerships like Credit Coop, integrates VisaNet settlement data with blockchain lenders to provide working capital for fintechs issuing stablecoin cards.
Why it matters: The rapid adoption of stablecoin settlement signals a shift in payments infrastructure, with traditional networks like Visa increasingly embracing blockchain rails. The $20B run rate underscores both demand for programmable money and the potential for stablecoins to disrupt cross-border payments and credit. However, regulatory clarity remains a key variable for further growth.