Visa reports $11.6 billion Q3 revenue, driven by payments and cross-border volume, while detailing stablecoin and AI investments.
Visa reported fiscal third-quarter revenue of $11.6 billion, a 14% year-over-year increase, fueled by growth in payments volume, cross-border transactions, and processed transactions.
The company outlined its stablecoin strategy during its earnings call, emphasizing investments across blockchain, issuance, wallets, and applications. Visa joined the OpenStandard consortium to support the OpenUSD stablecoin for global money movement and plans to enable partners to settle transactions in stablecoins.
Visa also highlighted AI-powered commerce as a long-term growth area, integrating tokenized deposits and onchain wallet infrastructure through partnerships like Pismo.