Visa Expands Stablecoin Capabilities Across Settlement, Issuance, and Cross-Border Payments

Visa is aggressively scaling its stablecoin infrastructure, integrating support for four stablecoins across four distinct blockchains. The payments giant is positioning digital dollars as a cornerstone of its cross-border and emerging market strategy. CEO Ryan McInerney revealed during the Q4 fiscal 2025 earnings call that Visa's stablecoin settlement platform now facilitates conversion between two currencies and over 25 fiat options. Stablecoin-linked Visa card spending surged 300% year-over-year.

The company has processed more than $140 billion in crypto and stablecoin flows since 2020, including $100 billion in asset purchases and $35 billion in spending via Visa credentials. With 130+ stablecoin card programs across 40 countries, Visa's monthly settlement volume now exceeds a $2.5 billion annualized run rate. The firm has also begun allowing partner banks to mint and burn their own stablecoins through its Tokenized Asset Platform.

A September 2025 pilot for Visa Direct introduces stablecoin pre-funding capabilities for banks and remitters, signaling deeper integration of digital assets into traditional payment rails. This MOVE underscores Visa's commitment to bridging the gap between conventional finance and blockchain-based solutions.