On the 8th, Visa announced that the transaction volume of card payments linked to stablecoins has reached an annualized scale of $20 billion, expanding more than 15 times compared to the previous year. In the second quarter of its 2026 fiscal year, over 160 programs were operational worldwide, with transaction volume increasing by approximately 200% year-on-year.
Each card program must fulfill daily settlement obligations before collecting from cardholders, and securing working capital is crucial for the launch of new programs...