Visa Inc. told analysts on its fiscal third-quarter earnings call that it has already rolled out stablecoin-linked payment cards in multiple markets through partners such as Bridge and Rain, marking one of the broadest attempts yet to weave dollar-pegged tokens into mainstream card networks. Management said the company aims to be an early adopter of stablecoins for banks and fintech clients, positioning the Visa Direct platform as an alternative to SWIFT and correspondent banking for cross-border transfers. Chief Executive Officer Ryan McInerney highlighted the network’s reach—more than 200 countries and territories, 150 currencies and nearly five billion credentials—as a foundation for moving digital dollars at scale. Cuy Sheffield, who leads Visa’s crypto strategy, later framed the initiative as a play for what the firm estimates could become a US$2 trillion stablecoin market, up from about US$273 billion in circulating tokens today. Momentum around regulated stablecoins is also building on the policy front: Circle CEO Jeremy Allaire said the proposed U.S. Genius Act would spur wider adoption of tokenised dollars for payments and remittances, reinforcing the demand Visa hopes to capture.