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.