
Visa will add four new stablecoins to its settlement platform following surging demand for stablecoin-linked card services, enhancing its global payment and digital asset capabilities.
Visa CEO Ryan McInerney announced during the company’s Q4 earnings call that Visa will support four additional stablecoins on its settlement platform, responding to increased demand for stablecoin-linked card services. The expansion enables banks to mint and burn these digital assets across four different blockchains, bolstering Visa’s infrastructure for digital payments. Stablecoin-linked card transactions grew fourfold year-on-year in Q4, and since 2020 Visa has processed more than $140 billion in cryptocurrency and stablecoin transactions through over 130 card programs in more than 40 countries.