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

Visa expanded its stablecoin settlement pilot to nine blockchains on April 29, with annualized settlement volume reaching $7 billion. The expansion added Arc, Base, Canton, Polygon, and Tempo to existing support for Avalanche, Ethereum, Solana, and Stellar. Visa said the run rate was up 50% from the previous quarter, and the company now supports more than 130 stablecoin-linked card programs across 50 countries.

AVAX-0.23%
ETH0.37%
SOL0.29%
XLM0.03%
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