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Stock impact report

Visa Extends Stablecoin Reach As It Seeks New Payment Flows [Yahoo! Finance]

Visa Inc. (V) 
Last visa inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.visa.com
Company Research Source: Yahoo! Finance
Visa is expanding its stablecoin settlement program to over 50 countries, widening access to blockchain based payment options. The company is adding new advisory services around digital currencies for banks, fintechs, and merchants. Visa is partnering with Mercuryo for near real time crypto to fiat conversion through Visa Direct. A new partnership with Amenify aims to power card linked resident commerce and rewards across tens of millions of U.S. rental properties. Visa (NYSE:V) is pushing further into digital payments infrastructure while its shares trade around $321.83. The stock has seen a 43.0% return over 3 years and a 59.8% return over 5 years, alongside a 5.2% decline over the past year and a 7.1% decline year to date. These moves into stablecoins and embedded payments come as the company builds on its existing global scale in card based transactions. For investors watching NYSE:V, these developments show how Visa is positioning its network for a world where blockcha Show less Read more
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