Main notes
- VISA executives were martyred in the minimum use of encryption compared to the annual transactions size of $ 15 trillion.
- But the data shows that the volume of transactions in Stablecoin reached more than $ 6 trillion in the first quarter of 2025, which is nearly a double visa.
- To maintain a competitiveness, Visa has made a partnership with Paxos to support the supported Stablecoins supported by US dollar – USDG and Pyusd.
With Stablecoins gets all the attention currently as the genius law passed last month, the executive directors of Visa and Mastercard denied any imminent threat from the encrypted currencies Fiat while calling their profits this week. They stated that the use of Stablecoins is still not enough or little to challenge the dominance of the market.
Visa, MasterCoins MasterCoins Competition
VISA and MasterCard admits that the use of encryption remains minimal compared to about $ 15 trillion annually on the Visa network alone. They added that these digital origins are mostly useful in countries with unstable FIAT systems.
Visa, MasterCard Transactions – Source: Reuters
However, Stablecoins still faces a challenge of low transaction fees. Although both cards processing companies are still flexible with strong profits for the past quarter, they faced pressure to reduce credit card treatment fees, I mentioned Reuters.
VISA and MasterCard together raised about $ 95 billion as criticism fees from merchants in their latest financial years. However, their share of these drawings is shrinking. VISA got 6.6 cents per transaction in processing fees in the last quarter, a decrease from about 9 cents a decade ago. Likewise, MasterCard transactions fees reached 7.3 cents per transaction, a decrease from approximately 8 cents in the previous year.
On the other hand, Stablecoins began leading players such as Circle (NASDAQ: CRCL) to eat on the market from these big giants. During the first quarter of 2025, the volume of Stablecoin Visa transactions exceeded more than 6 trillion dollars, approximately the total Visa Visa, according to BitWise data.
Update: The volume of Stablecoin transactions in the visa in Q1 2025 exceeds the VISA volume of more than $ 6T, per Bitwise data. pic.twitter.com/af2pzu8r5m
– Cointelegraph (@cointelgraph) July 30, 2025
A visa that makes the main stablecoin partnerships
On the other hand, Visa continued to provide major partnerships to keep its feet in the Stablecoin market. Visa has expanded the Stablecoin initiative by adding support to two news supported by USD, the global dollar (USDG) and Paypal usd (Pyusd), in its recent partnership with Paxos.
The company also expands the Blockchain integration to include stars and air collapse, as well as its current support for ETHEREUM and Solana. In addition, Visa now supports euro -backed Stablecooin, EURC, which increases the diversification of digital currency offers.
VISA has already facilitated hundreds of millions of dollars from Stablecoin payments, and the USDG addition is another step in expanding the settlement infrastructure on the chain. This step also depends on the previous Visa cooperation with Circle, USDC.
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Bhushan is enthusiastic about technology and carries a good tendency to understand the financial markets. His interest in the economy and financing draws his attention towards emerging technology markets and emerging technology. He is in a continuous educational process and keeps himself excited to share his acquired knowledge. In spare time he reads fictional excitement novels and sometimes explores his cooking skills.
The post VISA, Mastercard Snub Stablecoin Threat, But Competition Is Rising first appeared on Investorempires.com.
