Visa: 10x surge in stablecoin settlement volume. On October 27, the annualized metric surpassed $25 billion. A tenfold year-over-year increase. Visa is implementing USDC pre-funding for cross-border transfers. Streamlines corporate liquidity management. The global stablecoin market contracted by 2% over 30 days to approximately $297.9 billion (as of October 29). Allium: $482 billion in payments in the first nine months of 2026 (+45% YoY). Economic activity is growing without increasing token supply. Mastercard, Circle, and JPMorgan are integrating blockchain payments with traditional systems. In Japan, JPYC is developing wallets, banking integrations, and corporate tools. Fumihiro Arasawa (CEO xWIN): stablecoins are becoming corporate infrastructure. Success will be determined by real payment volume, repeatability, liquidity, reliable redemption, and regulatory compliance—not market capitalization alone. Visa is settling stablecoins at an annualized rate of $25 billion. Is this real payment adoption, or merely an指标 increase without new supply?