Visa Stock Stable Ahead of Earnings Report: Stablecoin Study and Saudi Expansion Highlight Growth

Visa's stock price has been stable in recent weeks, gaining about 1.7% over the past week and trading near its 52-week high of $386.

The company's growth runway was reinforced by a new study showing that US intent to use stablecoins for cross-border transfers jumps from 36% to 56% when bank-style protections are added.

Visa also expanded its real-time money transfer service, Visa Direct, with three major Saudi banks and saw card transactions grow more than 50% in the country.