Visa Stablecoin Pilot Hits $7B Scale While Goldfinch Liquidates Prime Business
2026-06-23 13:33

Data compiled by Woofun AI shows Visa's Q2 revenue surged 17% year-over-year to $11.2 billion, with its stablecoin settlement pilot achieving an annualized scale of $7 billion. This institutional adoption milestone coincides with structural shifts in decentralized finance, as the Goldfinch community approved a proposal to enter maintenance mode and gradually liquidate its Prime business, currently holding a 100% approval rate.

Meanwhile, on-chain activity reveals significant token movements, with an address receiving 150 million ONDO tokens from the Ondo team's multi-signature wallet. In regulatory developments, a South Korean court ordered Cross Finance to compensate Coinone approximately $234,000, while Hut 8 agreed to pay $2.35 million to settle an investor class-action lawsuit. Industry observers note that the crypto sector has entered a 'Show Me' era, where execution outweighs vision.

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