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Visa Mentions Stablecoin Growth During Earnings
Stablecoin settlement is on the rise over at Visa as CEO describes increased $4.6B growth from integrating USDC for U.S. based payments.
Visa reveals earnings results upate featuring stablecoin growth since last quarter across settlement utility (Oberon Copeland / Unsplash)
Visa has released its quarterly earnings update.
The global payment network company has been consistently growing and expanding its services over the last 12 months, including $4.6B in stablecoin settlements after integrating USDC stablecoin for U.S. based transactions for banks and financial providers.
While a lot of attention has been focused on the rise of agentic commerce, with protocols such X402 and UCP, stablecoins are starting slowly but surely contribute to Visa's services (including first stablecoin pre-funding and then stablecoin payouts).
A transcript from the CEO Ryan McInerney was analysed by Omar on X:
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