Visa Records US$3.7 Billion in Stablecoin Card Volume Across 200 Markets
What's happening
Visa processed US$3.7 billion through stablecoin-linked cards across more than 200 markets over the past year, coming from 1.9 million stablecoin-denominated cards, with strongest growth in Colombia, Argentina and Brazil. Since launching the capability in 2023, Visa has settled nearly US$800 million in assets such as USDC. This activity sits alongside the company's broader card growth, including U.S. payments volume up about 10% year over year and overall revenue momentum that showed a 14% increase in Q3 even as growth recently slowed.
Why it's trending
Stablecoin card use is spiking now as Visa rolls out settlement in assets like USDC and adoption climbs in Latin America.
SignalNewly emerging, confirmed across 1 independent source type.
Story volume
Stories per dayAngles you could write
If you think crypto card volume is niche, think again: Visa already processed US$3.7B on 1.9M stablecoin cards across 200 markets, and most of the growth is coming from Colombia, Argentina and Brazil.
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Original sources4
- Visa’s revenue momentum slows
The card network’s recent revenue growth slowed in July, relative to last year, but customer spending remains healthy, the company said.
Payments DiveJul 29 - Visa posts 14pc revenue growth in Q3 as digital payments remain strongThe Financial ExpressJul 29
- Visa Records US$3.7 Billion in Stablecoin Card Volume Across 200 Markets
Visa processed US$3.7 billion through stablecoin-linked cards across more than 200 markets over the past year. The volume came from 1.9 million stablecoin-denominated cards, with the strongest growth recorded in Colombia, Argentina and Brazil. Visa has also settled nearly US$800 million in assets such as USDC since introducing the capability in 2023. Monthly activity has [...] The post Visa Record
Fintech News SingaporeJul 29 - Visa Expands Money Movement as Card Spending Accelerates
Visa’s latest earnings call put two different versions of digital commerce on the same balance sheet. Version one: Consumers are still spending more on credit and debit cards. Version two: Consumers begin with AI agents and move through stablecoins, tokens and new money-movement channels. As for the card-based business, U.S. payments volume grew 10% year […] The post Visa Expands Money Movem
PYMNTSJul 29
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