Visa, on June 11 in Singapore, announced AI, stablecoin and token capabilities at its Payments Forum in San Francisco to support agentic commerce, fraud detection and settlement.

Visa said the AI initiatives include Agent Score for merchant site readiness, an Agentic Directory for verified merchants and agents, and a payment partnership with OpenAI. It also introduced a Large Transaction Model trained on billions of transactions to improve fraud detection, authorisation rates and false-decline performance.

The company also showed a Crypto Labs and developer team proof of concept that lets AI agents pay for digital services in a command-line interface using tokenised credentials. Visa said it is enhancing payment tokens with added transaction, usage and payer context, plus a token assurance signal based on provisioning and behavioural history.

On stablecoins, Visa said it will build infrastructure for tokenised deposits that would let banks convert deposits into programmable digital money. It said stablecoin settlement pilots now span multiple regions, blockchains and currencies, with billions of dollars moved across VisaNet and an annualised run rate of about $7 billion as of March 2026.

Visa said it has more than 160 stablecoin-linked card programs live or in development globally and is extending seven-day settlement pilots to acquirers. It also highlighted Pismo for core banking modernisation and Unified Checkout and Intelligent Authorisation for merchants and acquirers.