Visa stablecoin settlement hits $7 billion run rate as pilot expands to nine blockchains
The Block
Visa expanded its stablecoin settlement pilot to nine blockchains as its annualized transaction run rate reached $7 billion.Summary
Visa has announced the expansion of its stablecoin settlement pilot to nine blockchains by adding Arc, Base, Canton, Polygon, and Tempo. This initiative aims to standardize settlement processes across fragmented networks while maintaining a unified infrastructure for partners. The company reported a 50% increase in its annualized settlement run rate, reaching $7 billion. Currently, Visa supports over 130 stablecoin-linked card programs in more than 50 countries and is exploring deeper integration with digital euro frameworks and on-chain banking through a new partnership with WeFi.
(Source：The Block)