Bullish
Visa's stablecoin settlement volume surpasses $20 billion annualized, up 15x YoY.
Visa's stablecoin settlement volume has exceeded a $20 billion annualized run rate, marking a 15-fold increase from the previous year. This growth is driven by the expansion of stablecoin-linked card programs, with over 160 such programs now active globally. To support this surge, Visa has partnered with Credit Coop to offer a stablecoin-denominated revolving credit facility, enhancing liquidity for card issuers.
Key points
- Visa's stablecoin settlement volume has surpassed a $20 billion annualized run rate, up more than 15x year over year.
- Visa has partnered with Credit Coop to offer a stablecoin-denominated revolving credit facility, enhancing liquidity for card issuers.
Sources
AI-generated from public news sources. Not financial advice.
