Visa Expands Stablecoin Settlement Pilot to Nine Blockchain Networks

Visa has made significant strides in its stablecoin settlement pilot, expanding its support to nine blockchain networks. This growth is evident in the $7 billion annualized rate of volume, a 50% increase from the previous quarter.

The five new chains that have been added to Visa's infrastructure are Arc, Base, Canton, Polygon, and Tempo. Each of these networks serves distinct settlement needs, with some focusing on high transaction volumes and others on stablecoins and payment applications.

Visa's expansion is part of its efforts to provide a broad multi-chain settlement layer that spans both public and permissioned blockchain environments. The company has taken a unique approach by designing its infrastructure to accommodate the reality of financial institutions operating across multiple ecosystems rather than committing to a single chain.

The addition of these new networks also highlights Visa's deepening relationships with emerging payment-focused chains. The company serves as a design partner for Arc and a validator on both Tempo and Canton, placing it inside the governance and operational structures of these chains.