Overview
- Visa, which on Wednesday added Arc, Base, Canton, Polygon and Tempo to its stablecoin settlement pilot, now supports nine blockchains.
- The program reached a $7 billion annualized run rate, a 50% increase from the previous quarter.
- The pilot lets issuers and acquirers settle transactions in dollar-pegged stablecoins across multiple networks for near‑real‑time, cross‑border payouts.
- Visa says the multi‑chain setup provides one settlement layer across networks so partners can choose for speed, cost, privacy or liquidity needs.
- The company is a design partner for Circle’s Arc and a validator on Tempo and Canton, and it also runs more than 130 stablecoin‑linked card programs in over 50 countries.