Visa outlined a stablecoin strategy during its third‑quarter earnings call, reporting $11.6 billion in revenue, a 14 percent increase from the prior year, driven by double‑digit growth in payments volume, cross‑border volume and processed transactions.

The company said it is investing across multiple layers of the stablecoin ecosystem, including blockchain, issuance, wallets, infrastructure, orchestration and applications. Visa joined the OpenStandard consortium, which plans to issue the OpenUSD stablecoin for global money movement. The Visa stablecoin platform is designed to let partners settle with Visa in stablecoins, provide on‑chain wallet‑as‑a‑service infrastructure, and move money between fiat currencies and stablecoins, beginning with OpenUSD.

The platform will integrate with Pismo to support tokenized deposits for financial institutions, with plans to add third‑party tokenized deposit infrastructure providers in the future. Visa also highlighted artificial intelligence as a long‑term growth area, describing stablecoins and AI as complementary technologies that together could expand the addressable market for agentic commerce.

Cross‑border volume rose 13 percent year‑on‑year, or 12 percent excluding intra‑Europe, while processed transactions increased 10 percent, according to the earnings release.