PANews|Oct 28, 2025 23:34
[Visa to Expand Stablecoin Support, Related Spending Amount Quadruples Year-on-Year]
Payment giant Visa plans to further expand its support for multiple stablecoins to optimize its payment settlement and fund transfer capabilities. Visa CEO Ryan McInerney stated during the fourth-quarter earnings call on Tuesday that the company will support four stablecoins operating on four different blockchains. These stablecoins represent two fiat currencies and can be converted into more than 25 traditional fiat currencies. He also revealed that by the fourth quarter of 2025, Visa card spending linked to stablecoins had grown fourfold year-on-year. Since 2020, Visa has facilitated over $140 billion in cryptocurrency and stablecoin transactions, including over $100 billion in user purchase transactions. Currently, Visa has launched more than 130 stablecoin-linked card issuance programs in over 40 countries and regions, and has allowed banks to mint and burn stablecoin assets.
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