Visa's card spending and digital transactions surge, driven by AI and stablecoins innovation.

Visa reported a 21% rise in Visa Direct transactions to 4 billion, reflecting growth beyond traditional card payments. Nearly 60% of its global eCommerce transactions are tokenized, supporting new digital commerce forms. CEO Ryan McInerney highlighted AI's role in transforming commerce, with Visa deploying over 150 AI-powered applications and reorganizing teams to accelerate product development. The company is also expanding stablecoin use through its Visa Stablecoin Platform and partnerships, aiming to integrate AI agents and multi-coin strategies into its payment ecosystem. Fiscal Q3 net revenue rose 14% to $11.6 billion, with strong U.S. payment volume growth and optimistic outlook for continued revenue and earnings growth.