Visa’s crypto chief says stablecoin settlement is seeing growing volumes as more banks and merchants experiment with digital-asset based payments. The company views the trend as part of broader adoption of blockchain settlement in traditional finance.
Growth in stablecoin settlement
Visa said that stablecoins — digital assets designed to hold steady value — are increasingly being used to settle transactions between partners. The growth in stablecoin flows has been driven by pilot projects and integrations with banks, payment providers, and blockchain platforms. Visa sees this trend as a sign that businesses are exploring faster, more efficient settlement rails.
Bank adoption and testing
Several financial institutions are testing stablecoin settlement with Visa’s infrastructure. These tests include moving value on blockchain networks instead of traditional batch clearing systems. Visa’s crypto unit said banks are attracted by the potential for near-real-time settlement and lower operational costs.
Merchant interest
Merchants and payment facilitators are also showing interest in stablecoin settlement. Some see it as a way to access digital asset liquidity and streamline cross-border payments. Visa believes that as more partners integrate these solutions, volume will continue to build.
Regulatory considerations
Visa emphasised that stablecoin settlement must work within existing regulatory and compliance frameworks. The company said it is focused on ensuring digital-asset use cases meet anti-money-laundering and consumer protection standards. Visa’s approach is to partner with regulated financial institutions rather than operate independently in crypto markets.
Outlook for digital payments
The crypto chief said Visa expects gradual but steady growth in stablecoin settlement. While still a small portion of total payment volumes, activity has increased enough to justify continued investment and product development. The company views digital-asset settlement as complementary to its broader network services.
Visa’s crypto chief says stablecoin settlement volumes are rising as banks and merchants experiment with blockchain-based payments. The trend points to growing interest in digital-asset settlement in traditional finance, with continued attention on compliance and real-world use cases.
