Visa reports surprising earnings, eyes stablecoins originally appeared on TheStreet .
Visa is closing in on its 52-week high, and now we know why.
The payments giant reported third-quarter earnings on Tuesday after the bell, posting adjusted earnings per share of $2.98 — beating analyst expectations of $2.83. That's a 23% jump from the same period last year, when earnings stood at $2.42 per share.
Revenue also surged to $10.17 billion, topping the $9.82 billion forecast and marking a 14% year-over-year increase from $8.9 billion. The jump came on the back of strong growth in payments volume (up 8%), cross-border volume (up 12%), and processed transactions (up 10%).
Join the discussion with Scott Melker on Roundtable here.
"Visa delivered another strong quarter, with 14% net revenue growth, 12% GAAP EPS growth and 23% non-GAAP EPS growth," said CEO Ryan McInerney in a statement. "Healthy business driver trends continued through the quarter and into the first few weeks of July."
McInerney credited ongoing consumer strength in both discretionary and non-discretionary spending for the strong numbers and emphasized Visa's focus on what comes next.
"Looking ahead, our continued focus on innovation and product development in dynamic areas like AI and stablecoins is helping to shape the future of commerce while delivering sustainable, long-term value for our shareholders," he added.
Eyeing the burgeoning stableoin market
That mention of stablecoins — arguably one of the hottest trends in payments innovation — signals that Visa is keeping close tabs on how digital assets could reshape global commerce. While McInerney didn't specify any new initiatives, his remark adds to previous efforts by Visa to explore stablecoin settlement on blockchains like Solana and Ethereum.
This month, the GENIUS Act was officially passed, marking a major milestone in U.S. digital asset regulation by providing federal recognition and legal clarity for stablecoins.
Ripple CEO Brad Garlinghouse expects the stablecoin market to hit $1 trillion to $2 trillion, not an unrealistic expectation as established players like Reserve are already paving the way forward with solutions like decentralized token folios (DTFs).
Visa stock was down 1.1% in after-hours trading at $346.44 at the time of writing, but the market may still be digesting the news — and especially the implications of where Visa is placing its next big bets.
Visa reports surprising earnings, eyes stablecoins first appeared on TheStreet on Jul 29, 2025
This story was originally reported by TheStreet on Jul 29, 2025, where it first appeared.
