Visa reports fiscal Q3 2026 revenue of $11.6 billion, outlines multi-layer stablecoin strategy

Visa reported $11.63 billion in fiscal third-quarter 2026 revenue, up 14% from a year earlier, as total payment volume topped $4 trillion for the first time and the company expanded its push into stablecoins and AI-powered commerce. Management said more than 150 AI applications are now deployed across the business and identified agentic commerce as a growing market in which software agents can make purchases, book services and manage recurring payments on behalf of users. The company said it is reducing its workforce by about 7%, with cuts concentrated in technology and product roles, and plans to redirect the savings into stablecoin infrastructure and AI development rather than to earnings. On July 16, Visa launched its Stablecoin Platform for minting, moving and managing stablecoins, initially supporting OUSD through a partnership with the Open Standard consortium. Visa also said its stablecoin settlement pilot, expanded in April 2026 to support nine blockchains, reached a record $7 billion annualized settlement run rate. More than 130 stablecoin-linked card programs are now live globally. In June, the company ran an AI security research effort called Project Glasswing, which management described as part of Visa's role at the intersection of traditional finance and next-generation payment infrastructure.