Visa has added five blockchains to its global stablecoin settlement pilot, expanding how issuers and acquirers can settle with the network.
The five new networks:
- Arc: An open Layer-1 blockchain created by Circle, purpose-built to unite programmable money and on-chain innovation with real-world economic activity.
- Base: A high-performance blockchain enabling fast, low-cost settlement for stablecoins, on-chain assets and agentic commerce. Powered by Coinbase.
- Canton: Built with configurable privacy for regulated capital markets, enabling compliant settlement for institutional use cases.
- Polygon: A leading blockchain payments solution that enables fast, low-cost transactions, delivering seamless, high-throughput infrastructure for global payments and digital commerce.
- Tempo: Focused on faster, private, and more efficient movement of stablecoin liquidity and settlement flows.
With the new additions, the pilot now supports nine blockchains and has reached a $7 billion annualised stablecoin settlement run rate, up 50% since last quarter. The pilot already leveraged Avalanche, Ethereum, Solana and Stellar.
“Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” said Rubail Birwadker, global head of growth products and strategic partnerships, Visa. “Expanding our stablecoin settlement pilot programme to more blockchains means our partners can choose the networks that best fit their needs, while relying on Visa to provide a common settlement layer across all of them.”
The firm said the growth to a $7 billion run rate underscored increasing confidence in blockchain infrastructure from financial institutions, fintechs and payment providers. Stablecoin settlement over blockchain infrastructure is becoming a viable complement to traditional settlement rails.
As adoption continues, Visa remains focused on bridging traditional finance and blockchain-based systems – bringing the same standards of reliability, security, and scale to both.
