Visa Stablecoin Settlement Pilot Reaches $7B Run Rate on 9 Blockchains

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Visa’s stablecoin settlement pilot reached a $7 billion annualized run rate after the company expanded support from four to nine blockchains. Visa said the run rate grew 50% quarter over quarter after adding Arc, Base, Canton, Polygon and Tempo. Visa also said USDC settlement now extends to U.S. banks, and the company supports more than 130 stablecoin-linked card programs across more than 50 countries.

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