Visa Rails Drive USDC Surge to $78B as Stablecoin Supply Hits $315B
Visa’s programmatic payment rails contributed to USDC supply surging 220% to $78B and supported Q1 record stablecoin supply of $315B despite crypto market contraction. Separately, Capital Advisors Inc. boosted its Visa stake by 3.1%, purchasing 4,368 shares to hold 144,221 shares.
1. Record Stablecoin Supply and Visa’s Payment Rails
Total stablecoin supply reached a record $315 billion in Q1 2026, up $8 billion quarter-over-quarter despite broader market contraction. USDC supply alone climbed 220% since late 2023 to approximately $78 billion, driven by institutional B2B settlement corridors, payroll infrastructure and programmatic rails built by Visa and Stripe.
2. Capital Advisors Increases Visa Stake
Capital Advisors Inc. OK increased its Visa position by 3.1% during the period, acquiring 4,368 additional shares and raising its total holding to 144,221 shares, reflecting modest institutional confidence in the credit-card processor’s outlook.