Odaily Planet Daily reports that Visa stated stablecoin-linked cards are among the fastest-growing segments online. In the second fiscal quarter, over 160 stablecoin-linked card programs launched globally, with payment volume increasing nearly 200% year-over-year and annualized settlement volume exceeding $20 billion—an increase of more than 15 times. Visa partnered with Credit Coop to launch a stablecoin-based revolving credit facility, providing daily settlement funding for early-stage stablecoin card programs, with borrowing costs for some participating projects declining by over 30%.
Visa stablecoin-linked card transactions grew 200% year-over-year, with over 160 projects launched in Q2.
KuCoinFlashShare
Summary
Visa reported a 200% year-over-year increase in stablecoin-linked card transactions in Q2, with over 160 new projects launched globally. Annualized settlement volume surpassed $2 billion, a 15-fold increase. The network upgrade enabled faster processing and broader adoption. Visa also partnered with Credit Coop to launch a stablecoin-based revolving credit tool, reducing borrowing costs by over 30% for early-stage projects. Token launch announcements reflect strong momentum as the segment continues to expand.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.