Global Stablecoin Volume Tops $28T, Visa Joins Vanguard's Dividend ETF
V•Global stablecoin transactions hit $28 trillion in 2025, surpassing Visa and Mastercard combined and driven by Nigeria’s 26 million crypto users and 7.7% of Latin America’s GDP in stablecoin flows. Vanguard’s Dividend Appreciation ETF added Visa as a top holding with a 0.04% expense ratio and delivered 13.3% annualized returns.
1. Surging Stablecoin Transactions
In 2025 stablecoin transaction volume reached $28 trillion, surpassing the combined volumes of Visa and Mastercard. Emerging markets led growth: Nigeria’s 26 million users hold USDT, Latin American stablecoin flows equated to 7.7% of regional GDP, and Sub-Saharan Africa inflows rose 52% year-over-year.
2. Vanguard ETF Strengthens Visa Appeal
Vanguard’s Dividend Appreciation ETF, with a 0.04% expense ratio, recently added Visa as a top holding. The ETF targets companies with at least 10 consecutive years of dividend growth and has delivered 13.3% annualized returns, highlighting investor confidence in Visa’s earnings and payout stability.
