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.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $285.6B |
| Close on 10/28/2026 | 2,359.68 |
| Change that session | +0.40% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- 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.
- 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.
- Visa Direct Moves USDC Prefunding Into Production : Stablecoin Closes Banking - Hours Gap
On October 15, 2026, Visa moved stablecoin prefunding into production on Visa Direct, making it the first major global card network to run blockchain-settled dollar stablecoins as live payment infrastructure. Inyo Global is the first processor to offer the service to live clients, reaching financial institutions and fintechs in 180+ countries through its existing API stack. Businesses can now top up Visa Direct prefunding accounts in USDC at any hour, rather than waiting for bank wires that clear only during banking hours, while recipients continue to receive local currency. A 7-day pilot by Lloyds Banking Group with Visa had settled $750,000 in payment obligations using USDC. The article says this could let firms hold smaller prefunded balances, since replenishment is no longer tied to banking hours.
- Visa, Mesh partner to enable crypto spending at 175M merchant locations
Visa and crypto payments network Mesh have partnered so users can spend cryptocurrency and stablecoin balances directly from participating digital wallets at merchants on Visa's network, without transferring funds to a bank account or using a separate crypto card. Merchants receive payments through Visa's existing network without changing their checkout systems. The network covers more than 175 million merchant locations in over 200 countries and territories, and participating wallets and launch dates will be announced later. Mesh will handle funding and conversion between crypto, stablecoins and fiat, as well as onboarding and KYC requirements. The partnership follows Mesh's September integration with Bybit Pay and its $75 million raise in January at a $1 billion valuation.
- Mastercard brings stablecoin balances into traditional banking and card payments
Mastercard has launched Global Money Platform, its first major integration with BVNK since acquiring the stablecoin infrastructure company in August. The platform lets businesses hold and convert fiat currencies and stablecoins, offer stablecoin-linked cards, and pay recipients' local bank accounts directly from stablecoin balances. It connects to Mastercard Move, which can route payments to more than 17 billion destinations, and to Mastercard's merchant network so customers can spend stablecoin balances with payment cards. Nuvei and Marqeta are among the first partners. The move extends Mastercard's role into stablecoin infrastructure and puts it in closer competition with Visa, which launched a similar platform in July. A Standard Chartered study cited in the article points to growing stablecoin transaction activity, even though supplies of USDt and USDC have been relatively flat this year.
- A New Visa Survey Says 56% of Americans Are Open to the Idea of Using Stablecoins. Here's What Crypto Investors Need to Know.
A Visa survey found 36% of U.S. respondents would use stablecoins in the baseline scenario, rising to 56% only when told about bank-level fraud protection and deposit insurance, which do not yet exist. The survey also found that 56% of respondents had never heard of stablecoins. Visa already settles some card payments in stablecoins, with settlement reaching a $20 billion annualized run rate in September, up more than 15-fold in a year. It supports more than 160 stablecoin-linked card programs, whose payment volume nearly tripled over the past year. The article suggests the infrastructure providers, such as Visa, Mastercard, American Express and Circle, may benefit more than the stablecoins themselves.
Related markets
Latest news
- The stock market's front-runners stumbled in October. Here's where the smart money is moving now.
U.S. stocks reversed sharply in October as worries about shrinking free cash flow and rising borrowing costs disrupted the rally in AI-related shares.
- Pfizer Just Hit a 52-Week High. Is the Turnaround Finally Real?
Pfizer (PFE) shares are up 20% year to date as the company emerges from its post-pandemic slump, though the article says the recovery is still at an early stage. Last quarter, revenue rose 3% and beat Wall Street expectations, helped by Eliquis and cancer drugs that offset lower COVID-19 product sales. Pfizer raised its full-year revenue guidance, reiterated adjusted EPS of $2.80 to $3 per share, and sees up to $6.7 billion in cost savings through 2029. The stock trades at about 10 times estimated 2026 earnings, while sell-side forecasts see 2027 EPS slipping from $2.96 to $2.88. Risks include clinical trial setbacks and the looming loss of patent protection for Eliquis and Ibrance.
- Texas Instruments Has Raised Its Dividend for 23 Years. Here Are 3 More Tech Income Stocks
The article profiles Nasdaq-listed tech blue chips that have steadily raised dividends on large free cash flow, aimed at income-focused investors. Texas Instruments (TXN) yields 1.83% after a 7% increase to $1.52 per quarter, marking 23 consecutive years of dividend raises, with trailing free cash flow of $8.4 billion. Cisco (CSCO) yields 1.51%, has raised its dividend for 15 straight years, and returned 99% of fiscal 2026 free cash flow to shareholders through dividends and buybacks. Broadcom (AVGO) yields 0.74%, and its dividend used about 22.6% of a record $13.7 billion quarterly free cash flow. Risks include $1.6 billion of TXN's trailing free cash flow coming from CHIPS Act incentives, and Cisco's gross margin falling from 68.4% to 66.3%.
- Wall Street's favorite stocks are in their worst slump since 2010: Chart of the Day
Piper Sandler's data shows S&P 500 stocks with the largest share of analyst Buy ratings have trailed those with the smallest share for most of 2026, a year-over-year gap that is the third-worst in its data back to 1995, behind only 2001–02 and 2010. This week Alphabet had its worst month in history, Intel its worst day since 1974, and the Nasdaq its biggest daily drop since June, as Big Tech results revived worries about AI spending. Six of Piper's nine favored names are down this year, the exceptions being Nvidia, Arista Networks and Comfort Systems, while nearly all of the least-loved stocks are up. Because most investors own these favorites through index funds or 401(k)s, the slump affects many portfolios, and the article adds that when analyst enthusiasm is already priced in, disappointments sting more. Piper's favorites had been up nearly 18% on average in spring before the AI trade began to unwind.
- Coca-Cola and Procter & Gamble Are Up This Month. Which Dow Dividend Stock Is the Better Buy Now?
Coca-Cola (KO) and Procter & Gamble (PG) have both risen sharply over the past month or two, which the author attributes mainly to investors moving from AI-related stocks into defensive consumer staples after a mid-October selloff. P&G's fiscal first-quarter results beat estimates, with organic sales growth accelerating to 4% on higher volumes, while Coca-Cola's Q3 revenue rose 7% to $13.4 billion and it raised its 2026 guidance to at least 5% organic revenue growth and at least 11% non-GAAP earnings growth. P&G closed its $3.9 billion acquisition of Thorne this month, and Coca-Cola will take over KFC's U.S. beverage business in 2027, ending PepsiCo's supply role. The author argues the rally reflects short-term sentiment rather than a verdict on long-term prospects, and views P&G as more reasonably priced at 23 to 24 times forward earnings versus 26 to 28 times for Coca-Cola, which has risen more than 32% this year.
- Nvidia's Megaspeed ties show potential blind spots in the U.S. effort to block China from accessing advanced chips
According to experts, CEO Jensen Huang's business meetings are routine practice. The article says existing U.S. export controls largely miss cloud computing, pointing to a possible gap in efforts to keep advanced chips from China.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.