Visa says 17% of stablecoin card volume is business and commercial
Visa reports roughly 17% of stablecoin-linked card volume in FY26 year-to-date came from business and commercial programs, with volume up nearly 200% year over year.
The story in focus
Visa reported that about 17% of stablecoin-linked card volume in fiscal 2026 year-to-date occurred across business and commercial card programs. The payments company said it supports more than 160 stablecoin-linked card programs, with volume across them up nearly 200% year over year. Visa cited settlement, treasury management and cross-border commerce as growing business uses.
- About 17% of stablecoin-linked card volume in FY26 year-to-date came from business and commercial card programs.
- Visa says it supports over 160 stablecoin-linked card programs, spanning consumer, business and commercial activity.
- Payment volume across those programs has grown nearly 200% year over year, according to Visa.
Where business volume sits
Visa said roughly 17% of stablecoin-linked card volume in fiscal 2026 year-to-date occurred across business and commercial card programs. The company identified the business segment using its internal card program classifications.
The disclosure covers card volume tied to stablecoins, not all stablecoin transactions. Visa framed the figure as evidence that businesses are exploring stablecoins for settlement, treasury management, payouts and cross-border commerce.
Program count and growth
Visa said it currently supports more than 160 stablecoin-linked card programs across consumer, business and commercial activity. It reported that payments volume across these programs has grown nearly 200% year over year.
Visa also described initiatives in stablecoin settlement, Visa Direct pre-funding and payouts, which it said are intended to connect stablecoin activity to existing payment flows. The company did not break out volume by specific program or region.
Industry payment estimates
Visa cited research from Allium finding that payments are now the fastest-growing stablecoin use case, with annual payments volume estimated between $401 billion and $527 billion. Allium put service fees at $56 billion, payroll at $43 billion and supplier payments at $28 billion.
Among the payment flows Allium analyzed with available geographic attribution, B2B payments had the highest cross-border share, at 43% of volume, according to the Visa release.
How much of Visa's stablecoin-linked card volume comes from business and commercial programs?
Visa said approximately 17% of stablecoin-linked card volume in fiscal 2026 year-to-date occurred across business and commercial card programs, based on its internal card program classifications.
Sources & further reading
- Visa Data Shows Stablecoins Gaining Traction in Business Payments ↗investor.visa.com
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