Visa reported nearly 200% year-over-year growth in payment volume across its stablecoin-linked card programs, which now include more than 160 consumer and business programs worldwide. Business and commercial cards accounted for approximately 17% of that volume during fiscal 2026 year-to-date, based on VisaNet data and Visa's internal card classifications. Visa did not disclose the total dollar value of purchases behind the growth figure. The company previously said stablecoin settlement activity had exceeded a $20 billion annualized run rate, more than 15 times the year-earlier level. Card payment volume and settlement volume between Visa and participating institutions measure separate parts of the payments network.