Visa Inc.
Its stablecoin settlement reached a $7bn annualised run rate in April 2026, when Arc, Base, Canton, Polygon and Tempo took the chains it supports to nine; in July it opened a platform for institutions to mint and burn stablecoins inside the network.
The profile
Card network operating in more than 200 countries and territories, whose corporate line runs back to the BankAmericard programme Bank of America launched in Fresno on 18 September 1958, reorganised as National BankAmericard Inc. in 1970, unified under the Visa name in 1976 and listed on the New York Stock Exchange in March 2008. It first settled card obligations in a stablecoin in 2023 and opened USDC settlement to US issuers and acquirers on 16 December 2025, with Cross River Bank and Lead Bank settling over Solana; on 29 April 2026 it added Arc, Base, Canton, Polygon and Tempo to take the supported chains to nine, and reported stablecoin settlement at a $7bn annualised run rate, 50% above the previous quarter, alongside more than 130 stablecoin-linked card programmes in over 50 countries. On 16 July 2026 it opened the Visa Stablecoin Platform in beta, through which financial institutions and fintechs can mint, burn and hold stablecoins inside a network-managed environment, starting with Open USD issued by Open Standard.
Products and services
- Stablecoin settlement
- Option for card issuers and acquirers to settle VisaNet obligations in stablecoins across nine blockchains, at a $7bn annualised run rate in April 2026.
- Visa Stablecoin Platform
- Beta service opened on 16 July 2026 for institutions to mint, burn and custody stablecoins, first supporting Open USD issued by Open Standard.
- VisaNet
- Authorisation, clearing and settlement infrastructure between issuing and acquiring banks in more than 200 countries and territories.
No development naming Visa Inc. has yet been filed against a primary source. The register entry stands so the institution, its jurisdiction and its products are on the record.