Visa's Q2 revenue reached 11.2 billion USD, a year-on-year increase of 17%, with the annualized scale of stablecoin settlement pilot reaching 7 billion USD
Visa announced its second quarter results for fiscal year 2026, with net revenue of $11.2 billion, a year-on-year increase of 17%; GAAP net profit of $6 billion, a year-on-year increase of 32%; and earnings per share of $3.14, a year-on-year increase of 36%, all exceeding market expectations.
The board authorized a new round of $20 billion multi-year stock repurchase program in April. In terms of stablecoin business, Visa's settlement pilot has reached an annualized scale of $7 billion, a 50% increase from the previous quarter, covering nine blockchain networks (including Polygon and Base), and operating over 130 stablecoin-linked card programs in more than 50 countries.
In March of this year, Visa partnered with Bridge, a stablecoin infrastructure company under Stripe, to promote stablecoin-linked cards in over 100 countries. According to reports in early June this year, Visa, Mastercard, and Stripe are exploring the co-construction of a stablecoin platform. If the three major payment networks collaborate on stablecoin infrastructure, it could establish a de facto standard for the circulation of digital dollars in global commerce.
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