The source says stablecoins were expected to reduce reliance on credit cards, but Visa is now capturing activity in crypto-linked card payments.
The source indicates a shift in how digital asset payments are being used in practice. Stablecoins, which are cryptocurrencies designed to maintain a fixed value, were originally seen as a way to move money without relying on traditional card networks. However, the source says Visa is now benefiting from crypto card payment activity, showing that established payment infrastructure still plays a major role when digital assets are used for consumer spending.