CryptoWorld News reports that Visa has announced an expansion of its stablecoin pilot to five new blockchains, including Arc, Base, Canton, Polygon, and Tempo, with an annualized transaction volume reaching $7 billion. This initiative signals that traditional payment giants are embracing blockchain infrastructure to improve payment speed and efficiency, while also reflecting a rising global demand for stablecoin transactions. Visa currently supports nine blockchains, including Avalanche, Ethereum, Solana, and Stellar, aiming to provide partners with flexible network choices and simplify the fragmented blockchain environment. Visa’s stablecoin settlement pilot has been growing rapidly in recent times, indicating that financial institutions and fintech companies’ confidence in stablecoins is continuously increasing.

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