Visa used its annual payments forum on Wednesday to position stablecoins as a growing part of global payments infrastructure, outlining its initiatives spanning settlement, tokenization, and artificial intelligence.
During a keynote presentation, Jack Forestell, the company's chief product and strategy officer, argued that stablecoins and AI are reshaping different layers of the payments stack.
"AI is transforming the front end of commerce. Stablecoins are reshaping the back end," said Forestell. "Visa's role is to enable it to work securely, reliably and at global scale, for every participant in the ecosystem."
In a Wednesday statement, Visa said it is expanding its stablecoin settlement pilots across various regions, blockchains, and currencies. The company reiterated that it has moved billions of dollars in stablecoins through VisaNet, with the annualized run rate reaching $7 billion as of March 2026.
"With issuing banks already settling seven days a week onchain with Visa, Visa is also working to extend seven-day settlement to include acquirers, increasing flexibility and frequency across the entire ecosystem," the company said.
