The post Visa boldly shifts to on-chain settlement for global stablecoin card expansion amid 71% demand for linked card spending appeared on BitcoinEthereumNewsThe post Visa boldly shifts to on-chain settlement for global stablecoin card expansion amid 71% demand for linked card spending appeared on BitcoinEthereumNews

Visa boldly shifts to on-chain settlement for global stablecoin card expansion amid 71% demand for linked card spending

For feedback or concerns regarding this content, please contact us at [email protected]

Two of the biggest payment brands are working together to enable average consumers all over the world to purchase cryptocurrencies.

On March 3, 2026, Visa and Bridge declared that their stablecoin card program would be accessible in over 100 countries by the end of the year.

Bridge, a stablecoin infrastructure company owned by Stripe, currently powers stablecoin-backed Visa cards in 18 countries. The new push will take that footprint into Europe, Asia Pacific, Africa, and the Middle East.

Cardholders can use these cards to pay directly from their stablecoin balances at any of Visa’s 175 million-plus merchant locations worldwide. Crypto platforms Phantom and MetaMask are already using cards built on Bridge’s infrastructure so their users can spend stablecoins on ordinary day-to-day purchases.

Developers on Bridge’s platform have moved fast to launch these Visa cards since the program first got off the ground in 2025.

Stablecoin payments overtake trading in emerging markets

The push into new markets coincides with a dramatic increase in the use of stablecoins for payments, particularly in South America, Asia, and Africa. Money transfers via conventional channels are frequently expensive, time-consuming, or restricted in those areas.

According to a recent study called the Stablecoin Utility Report 2026, which was conducted by YouGov on behalf of BVNK in collaboration with Coinbase and Artemis, stablecoin payments are currently surpassing stablecoin trading in emerging regions.

Over 4,600 early adopters and crypto-native users from 15 countries participated in the poll.

The numbers tell a clear story. Six in ten crypto-native respondents in emerging markets said they hold stablecoins. In Africa, that figure jumped to 79%.

The report also found that wealthier economies are catching on. In high-income countries such as the United States, the United Kingdom, and across Europe, 45% of cryptocurrency users said they hold stablecoins.

Their average holdings were roughly $1,000, far above the $85 average seen in emerging markets.

Consumer appetite for connecting stablecoins to everyday financial services also stood out in the data. Seventy-seven percent of people surveyed said they would open a stablecoin wallet if their bank or fintech app offered one.

Nearly as many, 71%, said they would use a linked debit card to spend stablecoins.

Bridge CEO Zach Abrams laid out the bigger picture. “We’re on a multiyear journey to help businesses own their own financial stack,” he said.

The expansion, he added, will allow businesses that operate their own custom stablecoins to plug them directly into card programs.

Blockchain settlement moves into Visa’s core infrastructure

There is another layer to this story that goes beyond cards. Through a separate arrangement between Bridge and Lead Bank, Visa issuers taking part in Visa’s stablecoin settlement pilot can now settle transactions directly on supported blockchain networks.

Lead Bank was named earlier this year as a participant in that pilot, and Bridge is also handling the stablecoin infrastructure for Lead Bank.

This is a big change from how card settlement has always worked. Instead of using traditional correspondent banking, reconciliation can now take place on-chain. The three main objectives of Visa’s trial are:

  1. Increasing settlement choices for issuers
  2. Reducing back-office work through on-chain reconciliation
  3. exploring how platforms like Bridge will make blockchain technology more approachable for banks and financial institutions

This milestone signals the start of the stablecoin growth phase. Visa is developing a hybrid payment system that mixes blockchain rails and traditional networks with the purpose of decreasing systemic friction and increasing financial inclusion.

It also might increase cross-border efficiency without upsetting current merchant ecosystems.

Visa’s Head of Crypto, Cuy Sheffield, stated: “Visa is committed to meeting businesses where they operate, and increasingly, that’s onchain. Expanding our work with Bridge gives us one more way to bring the speed, transparency, and programmability of stablecoins directly into the settlement process.”

His comments highlight Visa’s push to scale onchain capabilities and prepare the network to handle potentially trillions in value as stablecoin adoption grows.

Source: https://www.cryptopolitan.com/visa-shifts-to-global-stablecoin-card/

Market Opportunity
Collector Crypt Logo
Collector Crypt Price(CARDS)
$0.03534
$0.03534$0.03534
+0.65%
USD
Collector Crypt (CARDS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
BlackRock Increases U.S. Stock Exposure Amid AI Surge

BlackRock Increases U.S. Stock Exposure Amid AI Surge

The post BlackRock Increases U.S. Stock Exposure Amid AI Surge appeared on BitcoinEthereumNews.com. Key Points: BlackRock significantly increased U.S. stock exposure. AI sector driven gains boost S&P 500 to historic highs. Shift may set a precedent for other major asset managers. BlackRock, the largest asset manager, significantly increased U.S. stock and AI sector exposure, adjusting its $185 billion investment portfolios, according to a recent investment outlook report.. This strategic shift signals strong confidence in U.S. market growth, driven by AI and anticipated Federal Reserve moves, influencing significant fund flows into BlackRock’s ETFs. The reallocation increases U.S. stocks by 2% while reducing holdings in international developed markets. BlackRock’s move reflects confidence in the U.S. stock market’s trajectory, driven by robust earnings and the anticipation of Federal Reserve rate cuts. As a result, billions of dollars have flowed into BlackRock’s ETFs following the portfolio adjustment. “Our increased allocation to U.S. stocks, particularly in the AI sector, is a testament to our confidence in the growth potential of these technologies.” — Larry Fink, CEO, BlackRock The financial markets have responded favorably to this adjustment. The S&P 500 Index recently reached a historic high this year, supported by AI-driven investment enthusiasm. BlackRock’s decision aligns with widespread market speculation on the Federal Reserve’s next moves, further amplifying investor interest and confidence. AI Surge Propels S&P 500 to Historic Highs At no other time in history has the S&P 500 seen such dramatic gains driven by a single sector as the recent surge spurred by AI investments in 2023. Experts suggest that the strategic increase in U.S. stock exposure by BlackRock may set a precedent for other major asset managers. Historically, shifts of this magnitude have influenced broader market behaviors as others follow suit. Market analysts point to the favorable economic environment and technological advancements that are propelling the AI sector’s momentum. The continued growth of AI technologies is…
Share
BitcoinEthereumNews2025/09/18 02:49
Israel is losing close to $3 billion a week since fighting broke out with Iran, and markets are barely flinching

Israel is losing close to $3 billion a week since fighting broke out with Iran, and markets are barely flinching

Israel is losing close to $3 billion a week since fighting broke out with Iran, and markets are barely flinching. That figure comes from Israel’s Finance Ministry
Share
Cryptopolitan2026/03/05 05:20