Annualized settlement volume exceeds $25 billion, up 10x year-over-year, as Visa's stablecoin business covers 10 blockchains
Visa disclosed during its Q4 fiscal year 2026 earnings call that its annualized stablecoin settlement volume has surpassed $25 billion, a 10x increase year-over-year, and currently supports 10 blockchains while operating across all 5 regions. The Visa stablecoin platform is now available in the United States, Mexico, Puerto Rico, Colombia, Switzerland, and the United Kingdom, with more than 300 partners in the pipeline; Open USD launched on September 30, with circulating supply exceeding $800 million as of October 15. In addition, Visa has more than 225 stablecoin-linked card programs, up over 70% year-over-year, with transaction volume growing more than 150%, covering 5 million cards across more than 50 countries.