Visa Highlights Stablecoin Payment Capabilities in Q2 Earnings, Signals Infrastructure Expansion Strategy

Gate News message, April 29 — Visa highlighted stablecoin payment capabilities as part of its payment infrastructure expansion strategy during its second-quarter earnings presentation on April 28. CEO Ryan McInerney stated that Visa has strengthened "Visa as a Service" infrastructure, which includes stablecoin integration, signaling the company's consideration of stablecoin technology as part of its broader network expansion strategy.

Visa reported Q2 net revenues of $11.2 billion, representing 17% year-over-year growth. The company saw payment volumes increase 9%, cross-border transactions rise 12%, and processed transaction count grow 9% during the same period.

However, the company did not disclose specific figures regarding stablecoin-related business scale, transaction volumes, or revenue contributions in the earnings report.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments