Visa eyes stablecoin launch to power $15.7T network – Details

ambcryptoPublished on 2025-10-01Last updated on 2025-10-02

Key Takeaways 

How is Visa’s stablecoin initiative expected to impact global payments? 

It aims to reduce transaction fees, improve cross-border efficiency, and boost liquidity for businesses.

Why is Solana gaining traction in the stablecoin space? 

 Its fast, low-cost infrastructure has made it the preferred blockchain for new stablecoin launches like USD1.


Visa, the global payments network, has unveiled plans to launch a stablecoin under its Visa Direct initiative.

The announcement, made at SIBOS 2025, is expected to lower transaction fees, improve cross-border payments, and unlock additional liquidity in the market.

Visa said businesses will be able to fund cards directly with stablecoins. The company is working with select partners, including banks, to prepare for the 2025 launch.

Chris Newkirk, President of Commercial & Money Movement Solutions at Visa, explained that the timing is crucial as inefficiencies still plague cross-border payments. He noted:

“Visa Direct’s new stablecoin integration lays the groundwork for money to move instantly across the world, giving businesses more choice in how they pay.”

In 2024, Visa processed $15.7 trillion in payment volumes. A move to support stablecoins could significantly accelerate adoption across both institutional and retail markets.

Stablecoin market gains momentum

The stablecoin market continues to grow, with an estimated capitalization of $298.86 billion and daily trading volume above $180 billion, according to CoinMarketCap.

Visa’s entry comes as regulatory clarity strengthens. A landmark moment arrived in 2025, when President Donald Trump signed the GENIUS Act into law, establishing a legal framework for stablecoin use in the United States.

Since then, traditional financial institutions have shown greater interest. Trump-backed World Liberty Finance launched its own stablecoin, USD1, on Solana [SOL] earlier this year.

USD1 quickly became the fifth-largest stablecoin, with an estimated $2.68 billion market cap — highlighting how quickly adoption can scale under favorable conditions.

This momentum has also reinforced Solana position as the blockchain of choice for new stablecoin launches. The network’s ecosystem is now valued at $14.13 billion, and Visa could follow this trend by listing its stablecoin on Solana as well.

Solana market outlook

Solana’s price outlook remains bullish, with potential to reclaim the $253 level.

The rally was sparked by a bounce off the ascending support line on Friday—a technical level that has triggered three previous rallies.

Sol price chartSol price chart

Source: TradingView

Over the past 24 hours, SOL gained 7.22%, at press time, rebounding from support at $205.88.

With volume and trading activity climbing, analysts expect the bullish momentum to extend through the week.

Share

Trending Cryptos

Related Reads

Grayscale Report: Financial Privacy in the AI Era, Why Zcash Should Not Be Overlooked?

Title: Grayscale Report: Financial Privacy in the AI Era – Why Zcash Should Not Be Overlooked The article argues that privacy is a fundamental, not niche, attribute of functional money. It highlights that technological shifts, like the rise of AI and stablecoins, are driving a new wave of public focus on financial privacy. Zcash, a decentralized digital currency similar to Bitcoin but with built-in privacy via zero-knowledge proofs, is positioned to address this need. Unlike transparent blockchains, Zcash offers users the option to conduct "shielded" transactions that hide sender, receiver, and amount while remaining verifiable. The report details Zcash's evolution, noting key upgrades that improved usability and security. It points to rising on-chain usage of privacy features as evidence of real demand. Currently, ZEC holds a minimal share (~0.4%) of the total crypto market cap. Grayscale suggests this reflects a market assumption that privacy is a marginal concern. The investment thesis hinges on a potential market re-evaluation: if privacy is recognized as a core monetary feature in an era of enhanced surveillance, Zcash's current valuation represents significant upside potential. Key risks discussed include regulatory challenges, historical trusted setup concerns for older pools (mitigated by newer protocols), quantum computing threats, and execution risks associated with future technical upgrades. The conclusion is that while the future scale of private digital currency is uncertain, the market currently prices in little chance of its value increasing substantially, presenting a potential opportunity for investors.

marsbit31m ago

Grayscale Report: Financial Privacy in the AI Era, Why Zcash Should Not Be Overlooked?

marsbit31m ago

Vitalik Moves to Local Mixing as Obfuscation Series Reaches Third Stage

Ethereum co-founder Vitalik Buterin published the third part of his series on cryptographic obfuscation, focusing on a method called "local mixing." This method abandons lattices and elliptic curves in favor of ideas borrowed from hash function design. Buterin described local mixing as a "completely different way of cryptography," free from elliptic curves, prime factorization, and lattices, making it more akin to symmetric cryptography used in everyday encryption. The process begins with a circuit of logic gates like XOR, AND, and NOT. It undergoes a pipeline that ensures a correct output while obscuring any trace of the internal logic. Key steps include adding reversibility, strengthening, mechanization, mixing, and finally obfuscation. The mixing step scatters extra logic gates and shuffles their arrangement. Reversibility is foundational, allowing gates to be rewritten as other reversible gates with similar behavior. Buterin acknowledged local mixing is a "wild and risky undertaking," lying on the "graveyard of failed attempts at white-box cryptography." However, its proponents argue it needs more research effort and a willingness to accept higher overhead costs. Buterin suggested AI could accelerate its development. He called obfuscation the "final boss of cryptography," with the most complex constructions having runtimes exceeding the universe's age. The article concludes by explaining obfuscation's utility: it can encrypt a program so it still functions with normal inputs and outputs while hiding the code. Combined with blockchain, this moves toward a "trusted third party that requires no trust," enabling applications like private, collusion-resistant voting without relying on a trusted committee.

cryptonews.ru1h ago

Vitalik Moves to Local Mixing as Obfuscation Series Reaches Third Stage

cryptonews.ru1h ago

India Orders Closure of Hundreds of Google Firebase Accounts Used in Banking Frauds

India's cybercrime agency ordered Google to block hundreds of accounts on its Firebase app development platform. The move came after investigators traced numerous fake banking apps and phishing websites to the service. The Indian Cyber Crime Coordination Centre (I4C) sent multiple notices to Google, identifying at least 57 websites and databases on Firebase allegedly used to distribute malware and steal victims' financial data. Among these, seven were phishing pages mimicking login screens of major Indian banks like State Bank of India, ICICI Bank, and Axis Bank. The rest were reportedly data collection points for stolen information like credit card numbers and one-time passwords. The fraud scheme involved Android malware disguised as legitimate banking apps, luring victims with promises of new credit cards, rewards, or credit limit increases. Once installed, the app secretly forwarded device data to a Firebase database controlled by scammers, granting them access to other apps and the victim's funds. One scam specifically targeted beneficiaries of a government farmer aid program. This action marks a shift in India's approach. Previously focused on blocking individual fraudulent websites, authorities are now targeting the broader infrastructure enabling these scams. The move highlights how fraudsters exploit widely accessible platforms like Firebase, attracted by its free tier and database capabilities, to target India's vast digital payment user base.

cryptonews.ru1h ago

India Orders Closure of Hundreds of Google Firebase Accounts Used in Banking Frauds

cryptonews.ru1h ago

Trading

Spot

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of S (S) are presented below.

活动图片