Visa Expands Stablecoin Settlement Pilot to Nine Networks, $7B Run Rate

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Visa expanded its stablecoin settlement pilot to nine blockchains and said the program has reached a $7 billion annualized run rate. The new additions are Base, Polygon, Canton Network, Circle’s Arc and Stripe-backed Tempo. The pilot lets issuers and acquirers settle transactions with stablecoins instead of traditional banking rails. Visa said USDC settlement tied to card programs already spans more than 50 countries.

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