Visa’s annualized stablecoin settlement volume could exceed $25 billion in 2026 based on current transaction activity. The company also expanded the number of supported blockchain networks, while the number of stablecoin-linked card programs grew by more than 70% over the year.
Visa CEO Ryan McInerney said during the company’s earnings call for Q4 and full-year 2026, which ended September 30, that stablecoin settlement volume increased tenfold year over year.
According to McInerney, Visa expanded stablecoin settlement support to 10 blockchain networks. The company previously confirmed support for Ethereum, Solana, Avalanche, Stellar, Arc, Base, Canton, Polygon, and Tempo.
Stablecoin settlements now operate across all 5 of the company’s regions. The payment network supports 5 stablecoins:
USDC;
USDG;
EURC;
PYUSD;
SBC.
Visa is also expanding its digital asset infrastructure. The Visa Stablecoin Platform is already available in the U.S., Mexico, Puerto Rico, Colombia, Switzerland, and the U.K. The company is working with more than 300 potential partners.
Visa also moved its stablecoin-based pre-funding service for international transfers through Visa Direct from the pilot stage to commercial operations. U.S. payments company Inyo Global became the first partner to adopt the solution. The service initially uses USDC, but Visa plans to add support for other stablecoins.
The stablecoin-linked payment card segment also recorded growth. Visa reported the following figures for fiscal 2026:
More than 225 active card programs, up over 70% year over year;
More than 5 million cards in circulation under these programs;
Operations in more than 50 countries;
Transaction volume growth of more than 150% across these cards.
Stablecoin-enabled cards are issued by cryptocurrency exchanges, neobanks, digital wallet providers, and money transfer services.
Interest in stablecoins is also growing among Visa’s corporate clients. During the fiscal year, the company’s consulting division completed more than 60 projects in this area, with nearly half taking place in the fourth quarter. Stablecoins became the fastest-growing practice within Visa Consulting & Analytics.
Looking ahead, Visa plans to develop a unified payment infrastructure connecting traditional currencies, stablecoins, and tokenized bank deposits. The company continues to pursue a strategy of supporting multiple blockchain networks and digital currencies without relying on a specific infrastructure provider or issuer.
