Odaily Planet Daily reports that payment company Visa announced third-quarter fiscal year 2025 revenue of $11.6 billion, a 14% year-over-year increase, driven by double-digit growth in payment volume, cross-border transaction volume, and processed transaction volume. The company noted that cross-border transaction volume rose 13% year-over-year, or 12% excluding intra-European transactions, while processed transaction volume increased by 10%. During the earnings call, Visa stated it is investing across multiple layers of the stablecoin ecosystem, including blockchain, issuance, wallets, infrastructure, orchestration, and applications. The company reported progress this quarter in both the issuance and application layers. Visa has joined the OpenStandard alliance, which plans to launch OpenUSD, a stablecoin designed for global fund flows. Visa’s stablecoin platform aims to enable partners to settle with Visa using stablecoins, provide blockchain-based wallet-as-a-service infrastructure, and facilitate transfers between fiat currency and stablecoins—initially starting with OpenUSD. The platform will also integrate with Pismo to support tokenized deposits for financial institutions, with plans to incorporate third-party tokenized deposit infrastructure providers in the future. Visa also noted that stablecoins and AI are complementary technologies, and agent-based commerce will expand its addressable market and drive future growth.
Visa Q3 Revenue Reaches $11.6 Billion; Reveals Stablecoin Platform and OpenUSD Plans
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Summary
Visa's Q3 revenue increased to $11.6 billion, a 14% rise driven by payment volume and cross-border growth. Cross-border transactions rose 13% year-over-year, while processed transactions increased by 10%. The company is investing in blockchain, issuance, and stablecoin infrastructure to support ecosystem expansion. Visa joined the OpenStandard alliance to issue OpenUSD. Its stablecoin platform will enable settlement, wallet infrastructure, and fiat-to-stablecoin conversions. Integration with Pismo will expand tokenized deposits, with future third-party partnerships planned. Visa also views stablecoins and AI as complementary, with agent-based commerce expected to expand its addressable market.
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