Visa Reports $11.63B Q3 Revenue and Expands Stablecoin Payments Strategy
Visa maps out stablecoin push after $11.63 billion Q3 revenue Visa used its July 28 earnings call to lay out a broader stablecoin strategy spanning OpenUSD, tokenized bank deposits, blockchain settlement and AI-powered commerce after reporting $11.63 billion in Q3 net revenue, up 14% year over year. The company said OpenUSD will be the first stablecoin on its beta Visa Stablecoin Platform, but its long-term approach will stay multi-coin and multi-chain rather than backing a single winner.