VISA FLAGS MODEST STABLECOIN UPTAKE IN EARNINGS CALL

Summary from the TLDR Crypto newsletter

Visa reported $10.17 billion in Q2 revenue, but stablecoin settlements amounted to just $200 million. CEO Ryan McInerney emphasized that broader adoption hinges on clearer regulatory frameworks, even as Visa pilots real‑time cross‑border transfers via Visa Direct and programmable finance tools on its Tokenized Asset Platform. The company is also investing in stablecoin infrastructure through BVNK and partnering with Bridge in Latin America to expand service offerings. Analysts note that stablecoin payment activity could exceed 50% within a year as regulations solidify and businesses increasingly leverage stablecoins for remittances and payroll.