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cryptostablecoinsbankspayments
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Related tickers and likely impact
POL/USDT
▲ Likely positivePOL (ex-MATIC)
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 2 |
| Market cap | $941.2M |
| Close on 10/28/2026 | 0.09199 |
| Change that session | -0.45% |
SOL/USDT
▲ Likely positiveSolana
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $59.7B |
| Close on 10/28/2026 | 102.44 |
| Change that session | +1.08% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Visa Reports Tenfold Increase In Stablecoin Settlements
Visa says its annualized stablecoin settlement volume has passed $25 billion, a tenfold increase from a year earlier. CEO Ryan McInerney said on the recent earnings call that the number of stablecoin-linked card programs rose more than 70% year over year to over 225, serving about five million cards in more than 50 countries, while transaction volume across those programs grew more than 150%. Visa's settlement operations now cover 10 blockchains, more than twice the number a year ago. McInerney said Visa will stay flexible on which blockchains and stablecoins clients use, letting financial institutions select the assets they favour. V shares are up 17% over 12 months, trading at $400.60 per share.
- The 'stablecoin sandwich': Why speeding up payments isn't so simple, according to Mastercard
Mastercard says stablecoins could make payments faster and more efficient, but realizing their full potential requires further development of supporting infrastructure. Matthew Driver, executive vice president of services for Asia Pacific at Mastercard, said stablecoins could suit certain remittance corridors and less commonly traded currency pairs. He warned against a “stablecoin sandwich,” with a slow on-ramp, a fast transaction in the middle and a slow off-ramp, which would not necessarily speed up payments. Connecting real-time payment systems to stablecoin exchanges at both ends could help, but market participants also need to be able to use the technology effectively. In Singapore, where retail payments are already highly efficient, stablecoins may have fewer consumer applications than corporate payments, where smart contracts are one potential use case.
- Visa partners with Mesh for seamless stablecoin payments at stores
According to a speaker in the discussion, the main obstacle for crypto payments is user experience, as paying with crypto at the final step is nearly impossible for most people. The partnership with Visa is said to bring 774 million crypto owners to shop at 175 million merchants worldwide that accept Visa cards. Users can tap their phones to pay from wallets such as Coinbase, MetaMask or Koshi, instead of copying alphanumeric addresses or waiting for settlement. The speaker argues that tap-to-pay and QR code payments are becoming the new norm as consumers increasingly avoid cash.
- JPMorgan Brings JPM Coin To Ether For Clients
JPMorgan is launching JPM Coin, its deposit token representing US dollar deposits at the largest US bank, on the Ethereum network for institutional clients. It previously issued JPM Coin on Base, a Coinbase-affiliated chain with fewer users and less establishment than Ethereum. Unlike other stablecoins that retail users can freely buy, the product is available only to institutional clients, aimed at crypto-native firms with digital treasuries and as the cash leg for tokenized transactions. According to Bloomberg's Anna Irrera, JPMorgan is moving faster than many banks on blockchain payments, but its volumes remain very small compared with overall payments.
- Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash
According to blockchain analytics firm Allium, stablecoin supply barely grew this year, reaching about $305 billion by end-September (up 0.4% year to date), while stablecoin payments hit $482 billion in the first nine months, up 45% from a year earlier. The number of payments rose 71% to over 1 billion, and stablecoin-linked card spending reached $3.9 billion, ten times the prior year's level, with purchases under $50 accounting for 84% of the increase in card transactions. This week, Mastercard launched its Global Money Platform with BVNK, Stripe partnered with Plasma on multi-currency cards, and Visa said Inyo Global became the first provider to use Visa Direct's stablecoin prefunding service commercially. Still, only $2.4 trillion, or 2.5%, of $97.9 trillion in raw stablecoin transfers was classified as end-user activity, and stablecoin cards accounted for just 0.03% of Visa's $4 trillion in second-quarter payment volume.
- Circle Expands USDC Stablecoin To 40 New Markets
Circle (NYSE: CRCL) says it will expand its USDC stablecoin into 40 new markets as global demand grows, particularly across Asia, Latin America and the Middle East. CEO Jeremy Allaire said businesses and individuals are increasingly using stablecoins for payments, marking a shift from early adoption to mainstream use. USDC has about $72.6 billion in circulation, roughly a quarter of the stablecoin market versus nearly 60% for Tether's USDT. Earlier this year, Circle agreed to buy Singapore-based payments firm Tazapay for $400 million, gaining access to banking and payment networks in more than 100 markets. CRCL shares have fallen 33% over the past 12 months and trade at $86.43.
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- One Stock Just Suffered Its Worst Session in 50 Years, and the US Government Takes a $12 Billion Hit
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- France Wants a 5.5-Cent-per-Gigabyte Tax on Netflix, Google and Meta
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