Visa sees 10x stablecoin settlement growth, adds over 225 card programs

Visa has surpassed $25 billion in annualized stablecoin settlement volume, a tenfold increase from a year ago, as the global payments company expands its blockchain operations across 10 networks and five international regions. Visa's annualized stablecoin settlement volume surpassed $25 billion, growing tenfold over the previous year. Visa now supports five stablecoins across 10 blockchains, with settlement operations in all five regions. Stablecoin-linked card programs exceeded 225, with transaction volume growing more than 150% year over year. Visa Direct launched commercial USDC prefunding with Inyo Global as its first live partner.

Source: crypto.news