Visa says stablecoin-linked card programs top 160 as payment volumes jump nearly 200%

• —Over 160 stablecoin-linked card programs operate on Visa's network
• —Payment volumes on those programs rose nearly 200% year over year
• —Settlement runs through Bridge (acquired by Stripe in 2025); merchants receive fiat
• —Visa says Lane-based settlement financing cut some programs' borrowing costs by up to 30%