Dharma Insights — Operational№ 060 · Web3
← The Signal№ 060 · Web3 · August 14, 2025 · 1 min read

Visa Stablecoin

Visa is turning stablecoins into global payment rails. In Q3 FY2025, Visa didn’t just post $10.2B net revenue (+14% YoY) — they doubled down on stablecoin + Web3 infrastructure: -…

Visa is turning stablecoins into global payment rails.

In Q3 FY2025, Visa didn’t just post $10.2B net revenue (+14% YoY) — they doubled down on stablecoin + Web3 infrastructure:

  • Stablecoin-linked cards with Bridge, Rain, Baanx

  • Treasury stack pilots for settlement & cross-border flows

  • Tokenized Asset Platform for banks to issue their own stablecoins

  • Support for 4 stablecoins (EURC, USDG, PYUSD, USDC) on 4 blockchains (incl. Stellar, Avalanche)

The focus: cross-border money movement and emerging markets needing a stable store of value.

the signal is clear — the rails are ready, start building.

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