Currencies37862
Market Cap$ 2.31T-4.67%
24h Spot Volume$ 69.63B+28.1%
DominanceBTC54.74%-0.97%ETH9.18%-1.27%
ETH Gas0.63 Gwei
Cryptorank
/

Visa takes $200 million step in stablecoin journey, anticipates regulatory boost


Visa takes $200 million step in stablecoin journey, anticipates regulatory boost

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Visa has revealed that it settled more than $200 million in stablecoin transactions during the second quarter of 2025, marking a notable step in its broader digital asset push.

The company shared the update in its quarterly report, linking the rise in volume to its expanded stablecoin settlement framework.

The payments giant said its 7-day-a-week stablecoin settlement program helped accelerate transaction throughput. But despite the growth, Visa CEO Ryan McInerney described the volume as both meaningful and modest compared to the firm’s total settlement activity.

According to him:

“It’s still early, but we do see real potential, which is why we’ve been investing in the crypto space broadly in the stablecoin space specifically for many years now. We’ve built up a team of real experts that I think are very well respected among the ecosystem, but it’s early.”

Notably, Visa has been developing programmable payment tools that would reduce friction in global payments, which often suffer from slow processing times and banking delays.

The firm pointed to its Visa Tokenized Asset Platform as a foundation for future innovation. This platform will allow banks and fintechs to issue stablecoins and create programmable financial products, such as automated payouts or time-locked transfers.

Stablecoins regulatory progress

McInerney noted that regulatory clarity will be critical for the next phase of stablecoin adoption. He expressed optimism that recent developments in the US and other regions could pave the way for greater use of tokenized payments.

He said:

“We are optimistic about the – kind of the US government passing more clear and pragmatic regulations, I think not just in the US, but hopefully other countries as well.”

His comments follow the recent signing by US President Donald Trump of the GENIUS Act, a law that sets out new regulatory standards for stablecoin issuers and operators.

This legislation aligns with broader global trends in the EU and Hong Kong, where the authorities are also working to implement clear-cut regulations for the emerging industry.

With global regulations taking shape, Visa sees a growing opportunity to expand its crypto infrastructure.

McInerney hinted at further announcements in the pipeline, pointing to an upcoming product showcase that will highlight Visa’s latest work in digital asset settlement and programmable finance.

The post Visa takes $200 million step in stablecoin journey, anticipates regulatory boost appeared first on CryptoSlate.

Read the article at CryptoSlate

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Russia sanctions British teenager for alleging A7A5 use in funding Ukraine war

Russia sanctions British teenager for alleging A7A5 use in funding Ukraine war

The A7A5 stablecoin was designed to bypass sanctions imposed on Russia following its ...
Wyoming Governor Signs Executive Order to Court Data Center Investment

Wyoming Governor Signs Executive Order to Court Data Center Investment

In Brief Wyoming's governor signed an order welcoming data centers while protecting ...