September 9, 2026, 23:04 UTC
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Visa’s stablecoin settlement volume has reached a $20 billion annualized run rate, supported by more than 160 live stablecoin-linked card programs and nearly 200% year-over-year payment growth. The article says rapid expansion is straining issuer and lender working capital, and notes Visa and Credit Coop are using an onchain stablecoin-denominated revolving credit facility that has financed over $2.5 billion in volume, cut borrowing costs by up to 30%, and had zero defaults.

Source: https://whale-alert.io/stories/98e501a7da4698/Visa-stablecoin-settlement-tops-20B-annualized-as-stablecoin-linked-card-programs-surge

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