Business Payments Drive 17% of Stablecoin-Linked Card Volume at Visa

Visa has revealed that business payments now account for 17% of its stablecoin-linked card volume in fiscal year-to-date, marking a significant shift towards institutional adoption. The company supports over 160 stablecoin-linked card programs across consumer and business use cases.

This percentage is noteworthy because businesses tend to use cards differently than individual consumers. While a consumer may use a stablecoin-linked card to spend their crypto balance at ordinary merchants, a business may be using it for cross-border settlement, treasury management, supplier payments, or other purposes that require more complex financial solutions.

Visa's data suggests that stablecoins are spreading beyond crypto spending cards and into more traditional payment infrastructure. This trend is also visible in other areas of the industry, such as Toss Bank's testing of Solana-based remittance rails.