Visa: Stablecoin settlement volume annualized at $4.5 billion, but mainstream merchant acceptance remains limited

CoinVoice · 2026-01-15T02:30:24+00:00

Visa Cryptocurrency Business Executive Cuy Sheffield stated that Visa is integrating stablecoins to maintain its market leadership. The annualized settlement volume of stablecoins reaches $4.5 billion, and although it still accounts for a small portion of total payments, the monthly growth is significant. Mainstream merchants have limited acceptance, and Visa has implemented related initiatives, including payment cards and pilot programs allowing USDC settlements.

CoinVoice

2026-01-15 02:30:24

Abstract generation in progress

CoinVoice has learned that Cuy Sheffield, Visa’s head of crypto business, stated in an interview with Reuters that Visa is working to integrate stablecoins into its existing payment systems to maintain its market leadership. Currently, stablecoin settlements amount to an annualized scale of $4.5 billion, which is a small portion of Visa’s total payments of $14.2 trillion last year, but the monthly growth is significant.

Sheffield pointed out that although the circulating stablecoin volume exceeds $270 billion, mainstream merchant acceptance remains limited, and there is currently no large-scale merchant network. Visa has launched several stablecoin-related projects, including stablecoin payment cards, and started a pilot in December allowing some U.S. banks to settle transactions using Circle’s USDC with Visa.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.