Visa: Over 160 stablecoin-linked card projects launched globally, with payment volume increasing by nearly 200% year-on-year
2026-09-08 16:55:42
According to CoinMeta, Wu said that as of the second quarter of the 2026 fiscal year, there were over 160 stablecoin-linked card projects launched globally, with the related payment volume increasing by nearly 200% year-on-year. The settlement volume of Visa's stablecoins has recently exceeded $20 billion on an annualized basis, representing a year-on-year increase of more than 15 times. As these projects expand, some of the earlier ones are facing the issue of needing to raise daily settlement funds in advance before receiving payments from cardholders. Visa stated that they are working with Credit Coop to provide settlement financing for these card projects through stablecoin-denominated on-chain credit, with the financing costs for some participating projects reduced by up to 30%.
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