According to analysts at investment bank William Blair, Visa's lackluster stock performance this year may be on the verge of a turnaround, with stablecoins expected to be a major positive factor for the payments giant and a catalyst for its structural growth. During Tuesday's earnings call, Visa CEO Ryan McEnany confirmed the company's plans to support four stablecoins distributed across four different blockchains, which Visa can accept and exchange for over 25 traditional fiat currencies. McEnany also noted that quarterly spending with Visa cards linked to stablecoins has quadrupled compared to the same period last year, and Visa has facilitated over $140 billion in cryptocurrency and stablecoin transactions since 2020. (The Block)