Visa reported that its stablecoin settlement annualized transaction volume has surpassed $25 billion, a 10x increase year-over-year, according to its Q4 FY2026 earnings call. The platform currently supports 10 blockchains and operates across all five Visa regions, with availability in the United States, Mexico, Puerto Rico, Colombia, Switzerland, and the UK. Over 300 partners are in the pipeline. Visa's Open USD stablecoin launched on September 30 and had a circulating supply exceeding $800 million by October 15. Additionally, Visa now has more than 225 stablecoin-pegged card programs, up over 70% year-over-year, with transaction volumes growing more than 150%. These programs cover 5 million cards across 50+ countries.