๐Ÿ“ฐ ใ€Visa Expands Stablecoin Settlement Network to 9 Blockchains, Annualized Settlement Volume Reaches $7 Billionใ€‘


BlockBeats reported that on April 29, payment giant Visa announced an expansion of its stablecoin settlement pilot network, adding support for Base, Polygon, Canton Network, Arc, and Tempo supported by Stripe, and it now covers 9 blockchain networks. Previously, Visa had supported Ethereum, Solana, Avalanche, and Stellar. Visa said that its stablecoin settlement project currently has an annualized operating scale of $7 billion, up 50% from the previous quarter. The project allows issuing institutions and acquiring institutions to use stablecoins for settlement directly, instead of relying on traditional banks.

Brothers, Iโ€™ve been watching the market so closely that my eyes are all blurry. Seeing Visa, this old fox, coming out to cause trouble againโ€”this $7 trillion stablecoin settlement volume has surged 50% from last quarter. What else are you still stuck on, those lousy wannabe coins? This is clearly a signal that Wall Street is forcing everyone onto the train. The ones who understand are already smirking in secret, while the ones who donโ€™t are still waiting for a dip.

Donโ€™t tell me about traditional finance. This stablecoin expansion is just to keep the crypto world alive, but even so, there are still people shouting โ€œbear marketโ€ every day. Iโ€™m really worried for you. If you donโ€™t hop on this deal soon, are you waiting to go hungry?

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