Visa reported that stablecoin-linked cards are among the fastest-growing segments on its network, with more than 160 programs launched globally in its fiscal second quarter. Payment volume rose nearly 200% year over year, while annualized settlement volume exceeded $20 billion, marking a more than 15-fold increase.
Visa said its stablecoin-based revolving credit tool, developed with Credit Coop, provides daily settlement funding for early-stage stablecoin card projects. Borrowing costs for some participating projects have fallen by more than 30%.
Visa Says Stablecoin-Linked Card Programs Surpassed 160 in Q2
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