Visa data: business uses are about 17% of stablecoin-linked card volume in FY26

Visa said that about 17% of stablecoin-linked card volume in its fiscal 2026 year to date came from business and commercial card programs. More than 160 stablecoin-linked card programs are live, with payment volume up nearly 200% year over year. Visa cited Allium research estimating annual stablecoin payments of $401 billion to $527 billion, with service fees, payroll and supplier payments as the largest business categories.

• About 17% of stablecoin-linked card volume from business programs (FY26 year to date)
• More than 160 stablecoin-linked card programs; volume up nearly 200%
• Allium estimate: $401B to $527B of annual stablecoin payments
• Largest business uses: service fees, payroll and supplier payments