Visa Expands Stablecoin Pilot to Nine Chains as Run Rate Reaches $7B

Visa expanded its stablecoin settlement pilot to nine blockchains and said onchain settlement is running at an annualized pace of about $7 billion. Visa added Arc, Base, Canton, Polygon and Tempo, and said the run rate is up roughly 50% quarter over quarter. Visa also said it supports more than 130 stablecoin-linked card programs across over 50 countries.

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