Visa says stablecoin card programs top 160 live worldwide

Visa says stablecoin card programs are expanding rapidly, with more than 160 live programs worldwide, payment volume up 200% year over year, and settlement volume now running at a $20 billion annualized rate — 15x higher than a year ago. The figures, announced by the payments giant, underscore stablecoins' move beyond pure trading into everyday card payments and settlement.

The update adds to a wave of Visa's stablecoin deals, including partnerships in South Korea with Shinhan and Dunamu (Upbit's operator), amid a broader race among card networks and banks to build stablecoin rails. No further breakdown of the 160+ programs or regional data was provided.