Visa's stablecoin settlement volume has expanded tenfold over the past year. The global payments company is widening its business beyond its card network into blockchain-based cross-border remittances and payments infrastructure.

CoinPost reported on Oct. 29 that Visa said at its fiscal 2026 fourth-quarter earnings call on Oct. 27 that annualised stablecoin settlement volume has surpassed $25 billion. The figure annualises recent settlement results and differs from the actual cumulative annual settlement total.

The number of blockchains supported for settlement has doubled to 10 from a year earlier. It supports 5 stablecoins, including USDC, USDG, EURC, PYUSD and SBC. Visa CEO Ryan McInerney (라이언 맥이너니) said it would not rely on any specific coin or blockchain to meet customer demand.

Visa is also pursuing a plan to process fiat currencies, stablecoins and tokenised deposits on a single network. It has joined Circle's blockchain Arc founding validator group and is also serving as a validator on Tempo and the Canton Network.

In Visa Direct, its international remittance service, Visa has moved a feature that pre-funds remittance balances using stablecoins from a pilot to a commercial service. The first partner is U.S. payments infrastructure company Inyo Global. Open USD (OUSD), a stablecoin by a consortium that includes Visa, launched on Sept. 30 and its circulating supply had surpassed $800 million as of Oct. 15.

Visa's stablecoin platform is available in 6 countries and regions, including the United States and Britain, and it has more than 300 potential partners. Its stablecoin-linked card programmes have surpassed 225, and related cards issued in more than 50 countries have reached 5 million.

Results also rose. Fourth-quarter net revenue increased 13 percent from a year earlier to $12.1 billion, and adjusted earnings per share rose 17 percent to $3.48. Annual net revenue rose 15 percent to about $45.9 billion, a record high.

Visa is also operating services with about 50 AI payments partners, including Shopify's Shop Pay. It said transactions in which AI executes purchases and payments still account for a small share of its overall business.