Visa has released its quarterly earnings update.
The global payment network company has been consistently growing and expanding its services over the last 12 months, including $4.6B in stablecoin settlements after integrating USDC stablecoin for U.S. based transactions for banks and financial providers.
While a lot of attention has been focused on the rise of agentic commerce, with protocols such X402 and UCP, stablecoins are starting slowly but surely contribute to Visa’s services (including first stablecoin pre-funding and then stablecoin payouts).
A transcript from the CEO Ryan McInerney was analysed by Omar on X:
More broadly, Visa saw net revenue and income had increased 15% and 14% respectively, with key drivers seeing continued increases across cross-border volume, payments volume, as well as processed transactions.
