Yesterday Visa announced that it is adding five blockchains to the four already supported as part of its stablecoin settlement pilot, which enables issuers and acquirers to settle with the network using digital currency. Visa had previously announced plans to operate validator nodes on three of them, Tempo, co-founded by Stripe, Circle’s Arc network and the Canton Network. The other two additions are Coinbase’s Base and Polygon.
The card payments firm also announced that volumes in the settlement pilot had grown 50% since the previous quarter, reaching an annualized rate of $7 billion. To put that in context, in 2025 Visa processed $14.2 trillion in payments, meaning one in every $2,000 is now settled in stablecoins.
“Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships, Visa. “Expanding our stablecoin settlement pilot program to more blockchains means our partners can choose the networks that best fit their needs, while relying on Visa to provide a common settlement layer across all of them.”
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