Visa outlined a broad stablecoin strategy during its fiscal third-quarter earnings call on July 28, placing OpenUSD, tokenized bank deposits, blockchain settlement and AI-powered commerce within the same payments roadmap.
Summary
- Visa reported $11.6 billion quarterly revenue, rising 14% as payments and cross-border volumes expanded globally.
- OpenUSD will be Visa’s first stablecoin platform asset, while the company retains multi-coin support globally.
- Visa’s stablecoin settlement pilot supports nine blockchains and reached a $7 billion annualized run rate.
The U.S. payments company reported $11.63 billion in quarterly net revenue, up 14% year over year. Payments…
