Visa stated in an announcement that as of Q2 of fiscal year 2026, more than 160 stablecoin-linked card projects have gone live worldwide, with related payment volume rising by nearly 200% year-on-year. Visa’s annualized stablecoin settlement volume has recently exceeded 20 billion US dollars, representing a more than 15-fold year-on-year increase. As projects scale up, some early projects face the challenge of raising daily settlement funds in advance before receiving payments from cardholders. Visa noted that it is partnering with Credit Coop to provide settlement financing for these card projects via stablecoin-denominated on-chain credit, cutting financing costs for some participating projects by up to 30%.
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