Visa Says Stablecoin Settlement Is a $20 Billion Run Rate
Visa reported that stablecoin settlement is running above $20 billion annualized — more than 15 times year-on-year — and is pairing VisaNet data with on-chain credit for card programs. That is settlement plumbing, not a new coin. If card issuers start originating loans against on-chain balances, dollar tokens stop being only a trading pair.
September 9, 2026 158
