Visa just dropped a quarter that should make both Wall Street and the crypto crowd pay attention. The payments giant reported fiscal Q2 2026 net revenue of $11.2 billion, a 17% jump year-over-year, while simultaneously revealing that its stablecoin settlement pilot has reached a $7 billion annualized run rate.
That stablecoin number grew 50% from the previous quarter alone.
The traditional numbers are hard to argue with
Visa’s GAAP net income landed at $6.0 billion for the quarter, a 32% increase compared to the same period last year. Earnings per share came in at $3.14, up 36% year-over-year.
Both figures beat market expectations. The company’s board authorized a new $20 billion multi-year share repurchase program in April 2026, a signal that management believes the stock is undervalued relative to its cash generation engine.
