Visa Inc. has reported robust fiscal first quarter results for the period ending December 31, with a revenue of $10.9 billion, a 15% year-over-year increase, and adjusted earnings per share of $3.17, outperforming analysts' expectations. This growth is attributed to resilient consumer spending during the holiday season, driving total transactions to 69.4 billion, a 9% increase. In a strategic move, Visa also announced the opening of its USDC stablecoin settlement service to its US network, solidifying its position in digital finance without the need to issue its own stablecoin.
Click a month on the chart to update the report below.
%20(cropped).jpg&width=160)