Visa’s Stablecoin Settlement Pace Tops $25 Billion as Card Programs Pass 225

Visa's annualized stablecoin settlement pace passed $25 billion, 10 times its year-earlier level, while its stablecoin-linked card programs topped 225, CEO Ryan McInerney said on the company's earnings call Tuesday, Oct. 27. The figures describe growth in two separate parts of Visa's stablecoin business: settlement on its network and card programs used by customers. “In stablecoin settlement, our run rate has surpassed $25 billion in annualized volume, up 10x year-over-year,” McInerney said. The $25 billion figure is an annualized pace, not a cumulative total for fiscal 2026. Visa's settlement support spans 10 blockchains, more than double last year's count.