UPDATES: Visa Emerges as the “Stablecoin of Stablecoins” 🪙
Investment bank Mizuho Securities has declared Visa Inc. the “stablecoin of stablecoins,” highlighting the payment giant’s critical role in the expanding stablecoin ecosystem 🧩📈 According to Mizuho, Visa is shifting from a traditional payments network to the foundational infrastructure for global stablecoin transactions 🌍🔗 The report points out that Visa already supports four major stablecoins—USDG, PYUSD, EURC and USDC—and backs over 130 stablecoin-linked card programs across 40+ countries, with year-on-year spending rising roughly fourfold 🚀💳 Analysts view this network-effect as a long-term growth engine for Visa and maintain an “Outperform” rating with a $425 price target 🎯📊 Mizuho warns that as individual stablecoins become commoditized assets, the firms owning the rails—like Visa—are poised to capture most of the value 🛤️💼 For investors, the take-away is clear: the power lies not just in the token itself but in the platform enabling its movement through real-world commerce 🌐💡
