Visa's AI & Blockchain Vision Drives Record Growth

0:00It's April 30, Durham news today starts now, AI powered and ready. Visa CEO Ryan McInerney just dropped a bold vision on their fiscal 2nd quarter 2026 earnings call, calling AI and blockchain huge, game changers for payments. He positioned Visa as the top hyperscaler in global payments with their strategy set to fuel massive growth, and the numbers back at up big time, showing their strongest quarter and over a decade. Net revenue climbed to $11.2 billion, up 17% from last year. That's the fastest top line growth since 2022, even stripping out pandemic rebounds. Earnings per share jumped 20%, payment volume hit $3.7 trillion of 9% and process transactions reached. 66 billion, also up 9%, value added services like data and fraud tools pulled in $3.3 billion, growing 27% and now 30% of. Total revenue.

1:01McInerney sees AI sparking agente commerce where smart agents shop and pay for you autonomously. This could speed up the cashless shift, create more micro transactions for better deals, digitize business payments with virtual cards and boost. Global growth by up to 1.5%. Visa launched tools like intelligent commerce, connect for secure AI payments, and a command line payment prototype to make it real. On blockchain, stable coin link car programs exploded nearly 200% year over year across more than 160 programs. Worldwide. They're settling transactions for 14,500 financial clients at a $7 billion annual pace, up over 50% in one. Quarter. Now on nine networks. Visa's even validating transactions on major chains. Bottom line. Visa's not just talking. They're building the pipes for AI agents and stable coins to flow through their network and these results prove.

2:02The bets are paying off fast.