Visa has said that business-oriented programs generate approximately 17% of the volume flowing through stablecoin-linked cards, according to thedefiant.io. The payments company shared the figure as part of its broader reporting on the segment, which it described as being in a period of rapid expansion.
The disclosure comes alongside record activity in the category. Monthly spending on stablecoin cards reached $1.17 billion, a high for the sector, as reported by Crypto Economy and CryptoRank. CryptoRank characterized the current phase of growth as "hyper growth," while Return On Capital noted that Visa is expanding its blockchain lending data amid the same surge in stablecoin-linked card programs.
Taken together, the numbers point to a segment that remains small relative to Visa's overall network but is drawing more attention from the company. Business payments represent a meaningful minority of that activity, based on Visa's own estimate, though the reporting does not break down how the remaining volume is distributed across consumer or other use cases.
Visa has not provided a detailed methodology behind the 17% figure in the material available, and the reports do not specify the time period the percentage covers. The spending record and the business-volume share were reported separately, and it is not clear from the coverage whether they refer to the same measurement window.
What to watch next: whether Visa releases further detail on how it defines and tracks stablecoin card volume, and whether the monthly spending record holds as more card programs come online.
