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Visa stablecoin settlement volume reaches $25 billion, a tenfold increase in a year

Visa’s stablecoin settlement volume has risen to a $25 billion run rate, representing a tenfold increase over the past year. The surge highlights growing usage of stablecoins for payments on Visa’s network. Analysts note that several tokens and blockchain platforms could benefit from the expanded settlement activity. The information was reported by BeInCrypto. No further details on specific stablecoins were provided.

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