Visa To Support More Stablecoins So Your Imaginary Wealth Spends

It appears the future of commerce is upon us, as Visa valiantly reports its impressive foray into the thrilling world of digital chits. Total "payments" exceeding $140 billion since 2020 — a figure so grand, one might almost overlook the minor detail that a cool $100 billion of that was simply for buying more *of the same assets*. It seems the most popular use case for digital currency is, unsurprisingly, buying more digital currency. A truly circular economy for the discerning HODLer.

But fear not, for your tangible, albeit virtual, purchases are also skyrocketing. Actual stablecoin card spending, we are told, has quadrupled year-over-year, now reaching an annualized run rate of $2.5 billion. One can almost picture the sheer volume of overpriced lattes and single-ply toilet paper now acquired with these marvels of modern finance – digital tokens meticulously pegged to the very fiat currency they claim to disrupt. Visa, ever the visionary, is clearly dedicated to ensuring your imaginary wealth can, indeed, buy that artisanal sourdough. The dream of spending a digital dollar that’s tied to a real dollar, without ever touching a real dollar, is now gloriously within reach.