Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement

Visa

"Visa announced that it is adding five blockchains to its global stablecoin settlement pilot, expanding how issuers and acquirers can settle with the network. As stablecoins move into mainstream payment flows, Visa’s stablecoin settlement pilot now supports nine blockchains and has reached a $7 billion annualized stablecoin settlement run rate, up 50% since last quarter. Visa is adding support for five additional blockchains: Arc; Base; Canton; Polygon; and Tempo."