Visa’s stablecoin settlements cross $20B – What’s driving the 15x growth?

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Visa’s stablecoin settlement volume has surpassed a $20 billion annualized run rate, representing a growth of over 15 times compared to the previous year. Over 160 stablecoin-linked card programs were live in Visa’s fiscal Q2, with payment volumes increasing by nearly 200% year over year. Monthly volume stands at approximately $1.2 billion. The stablecoin lending sector saw over $16 billion in loans flow through during the past month, with more than 1.6 million borrowers.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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