Visa Stablecoin Settlement Tops $20B Annualized, Up 15x YoY
V sits 27% above its 52-week low of $293.89.
Summary
Visa's stablecoin settlement volume has crossed a $20 billion annualized run rate, a more than 15x increase year over year, driven by over 160 live stablecoin-linked card programs and nearly 200% growth in payment volume on those programs. The company also detailed a new stablecoin-denominated revolving credit facility built with Credit Coop, which has reduced borrowing costs by up to 30% and financed over $2.5 billion in cumulative volume since 2023. This follows Visa's launch of its own USD-pegged stablecoin, Open USD, in July and strong Q3 results that showed double-digit growth in payments volume. Visa is bringing onchain lending into everyday payments, expanding its stablecoin settlement infrastructure to capture a larger share of the rapidly growing stablecoin payments market, though the direct revenue impact remains modest relative to Visa's overall business.
At the time of this announcement, V was trading at $372.00 on NYSE in the Finance sector, with a market capitalization of approximately $700.3B. The 52-week trading range was $293.89 to $385.57. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: The Block.