Visa's "Tap to Ride" launches across Shanghai Metro, offering contactless access to 517 stations for global travelers.
V deepens its FIS partnership to equip small banks with top-tier digital payment tools and boost transaction growth.
Visa (V) closed at $351.63 in the latest trading session, marking a +2.29% move from the prior day.
A federal judge has rejected Visa's bid to dismiss a Justice Department antitrust lawsuit that accuses the company of stifling competition in the debit card market. [contact-form-7] The judge ruled Tuesday (June 24) that Visa's arguments were “premature” and that the government can proceed with its claim, Bloomberg reported Tuesday.
Stablecoins' quickest path to consumer wallets may be working with today's players.
Visa defeated a proposed class action lawsuit that alleged that the company did not warn consumers that its prepaid Vanilla gift cards could be drained by thieves.
V taps into stablecoins and tokenized assets as it deepens crypto ties. However, regulatory risks still remain.
Recently, Zacks.com users have been paying close attention to Visa (V). This makes it worthwhile to examine what the stock has in store.
Visa stock (NYSE: V) and Mastercard stock (NYSE:MA) experienced a drop of approximately 5% each on Wednesday, June 18th, as investors responded to increasing fears that stablecoins could disrupt traditional payment networks following the U.S. Senate's approval of significant stablecoin legislation. Was this an exaggerated response, or do stablecoins indeed represent a genuine threat to the future expansion of Visa and Mastercard?
Stablecoins pose a limited threat to Visa; regulatory, operational, and consumer protection hurdles make overnight disruption highly unlikely. Visa's global brand, trusted infrastructure, and consumer protections ensure continued dominance, even as stablecoins gain traction for niche use cases. Visa is proactively integrating stablecoins, leveraging its network to offer stablecoin-linked cards and settlement, especially benefiting cross-border and emerging markets.
Stablecoin regulation and headlines have sparked fears about Visa's future, but concerns are overblown given Visa's adaptability and expansive competitive moat. It'll be long before stablecoins replicate that, if ever. Visa's competitive moat is its unmatched consumer trust which drives conversions, robust payment ecosystem, and unparalleled capabilities that are critical for global commerce. Even if stablecoins gain traction, Visa is already positioned to participate and benefit through existing partnerships and stablecoin-related services.
The latest trading day saw Visa (V) settling at $340.38, representing a -4.88% change from its previous close.