Visa Bets Big on Stablecoins as It Eyes a $2 Trillion Market
Visa is aggressively expanding its stablecoin settlement services, now processing transactions seven days a week. The payments giant has already surpassed $200 million in cumulative stablecoin volume, a modest figure compared to its $16 trillion in total annual payments. This strategic pivot positions Visa as a critical bridge between traditional finance and blockchain-based solutions.
The company's crypto division sees stablecoins as the key to unlocking underserved markets where legacy systems falter. Analysts project the stablecoin market could reach $2 trillion, and Visa is moving decisively to capture its share. Partnerships with banks and fintechs worldwide underscore this ambition.
Visa's new tokenized asset platform aims to accelerate global stablecoin adoption, particularly for cross-border payments in emerging economies. The infrastructure demonstrates how traditional financial players are embracing blockchain technology to modernize payment rails.