Visa Stablecoin Card Volume Surges 200% as Business Adoption Grows

The expansion follows a trend of institutional interest in stablecoins for supplier payments and payroll. According to internal VisaNet data, business and commercial card programs accounted for approximately 17% of the total stablecoin-linked volume during fiscal 2026. While the company did not disclose the total dollar value of these transactions, it noted that its annualized stablecoin settlement run rate has surpassed $20 billion, marking a 15-fold increase compared to the previous year.

Mark Nelsen, Visa’s global head of product, commercial and money movement solutions, noted that businesses are increasingly prioritizing stablecoins for their reliability in moving capital. This push is supported by tools like Visa Direct, which allows companies to fund cross-border payouts without the constraints of traditional banking hours. Beyond card programs, broader market data from Allium suggests that total stablecoin payments reached between $401 billion and $527 billion during the first eight months of 2026, with business-to-business transactions serving as the largest payment category.

To further capture this demand, Visa recently introduced its Stablecoin Platform, an enterprise-grade service designed to help banks and fintechs manage, mint, and redeem digital assets. The company is also testing on-chain lending models in partnership with Credit Coop, aiming to streamline settlement obligations for card issuers. These infrastructure developments underscore a transition where stablecoins function less as speculative assets and more as a standard utility for global commercial liquidity.