Visa Reveals 17% of Stablecoin Card Transactions Come from Businesses
Visa has revealed that approximately 17% of its stablecoin-linked card transaction volume comes from business and commercial card programs. The company disclosed this data as part of its fiscal year 2026 annual report, released on October 1. Visa currently supports over 160 stablecoin-linked card programs for both individuals and businesses. The total transaction volume for these programs has surged by about 200% compared to the same period last year.
The 17% figure was calculated based on data from Visa's payment network, VisaNet. Visa tracks business and commercial card transactions separately within its internal classification system. The company highlights that enterprises use stablecoins for various purposes, including settlements, cash management, fund withdrawals, and cross-border trade. This data underscores the growing adoption of stablecoins beyond cryptocurrency trading, extending into corporate payments and financial transfers.
Visa is also integrating stablecoins into real-world payment flows. The company supports stablecoin-based settlements and remittances through its Visa Direct service, which allows pre-funding and withdrawals. Additionally, Visa recently announced that its stablecoin settlement volume has exceeded $200 billion on an annualized basis, marking a more than 15-fold increase from the previous year. The company has also launched a new initiative in collaboration with Credit Coop to provide working capital loans to stablecoin-linked card issuers using on-chain credit. This program has already facilitated over $25 billion in settlements since 2023.