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Visa stablecoin settlements top $200m as global adoption grows

2025-07-30 12:40:30

Main Idea

Visa has surpassed $200 million in stablecoin settlements, reflecting growing global adoption, with new partnerships and regulatory developments shaping the stablecoin ecosystem.

Key Points

1. Visa's cumulative stablecoin settlement volume exceeds $200 million, with global stablecoin volume reaching $27.6 trillion in Q1 2025.

2. Visa partners with BBVA and Yellow Card Financial to expand stablecoin services in Africa and the US, including pilot programs and infrastructure development.

3. The GENIUS Act in the US provides regulatory clarity for USD-pegged stablecoins, requiring non-bank issuers to operate under Treasury oversight and banning interest-bearing coins.

4. Hong Kong introduces a new stablecoin licensing regime with strict anti-money laundering compliance, while Nigeria's SEC signals openness to stablecoin business under new regulations.

5. Sub-Saharan Africa accounts for 43% of global crypto volume, with Nigeria receiving $59 billion in stablecoin-related flows annually, prompting collaborations like Circle and Onafriq's USDC pilot.

Description

Visa has crossed $200 million in cumulative stablecoin settlements, underscoring its commitment to blockchain integration amid rising demand for real-time digital payments. While this figure is just a fraction of its overall settlement volume, the development marks a notable shift in the financial services giant’s long-term infrastructure strategy. The move comes as governments from the US to Hong Kong roll out stablecoin regulations, prompting payment networks and banks to speed up their crypto...

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Crypto Stock Market Ethereum Spain Stablecoin USA USD
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