V · News · 20260908N

Stablecoin Payments Expansion

VISA INC. · 2026-09-08 · Importance 65 · Surprise 82

Visa is expanding its stablecoin-linked card ecosystem, which now includes more than 160 programs operated by issuers and program managers, nearly 200% above the prior year. The company introduced an onchain credit model that combines Visa settlement data with onchain lending infrastructure to help stablecoin-linked card programs and digital-asset-focused fintechs obtain working capital. Visa cited more than $694 billion in stablecoin-denominated loans sent through onchain lending protocols since 2020, indicating substantial growth in the underlying digital-finance market.

Key facts

• Visa currently operates more than 160 stablecoin-linked card programs for issuers and program managers, a nearly 200% increase year over year. source