Stablecoins Gain Traction in Business Payments

Visa has released new data showing that 17% of its stablecoin-linked card volume in fiscal 2026 year-to-date came from business and commercial card programs. This is significant because companies use cards differently than retail users, with a focus on cross-border settlement, treasury management, and supplier payments.

The company now supports over 160 stablecoin-linked card programs across consumer and business use cases. Stablecoins are spreading beyond crypto spending cards into more practical applications such as treasury and cross-border business payments.

Stablecoins can settle onchain but most businesses still operate in a world of bank accounts, invoices, and conventional accounting systems. Card programs create a bridge between old and new rails, allowing companies to hold or receive digital dollars while still spending through existing merchant infrastructure.