Visa Expands Stablecoin Pilot to Multiple Blockchain Networks

Visa has broadened its scope in exploring the use of stablecoins for cross-border payments by expanding its pilot program to five new blockchain networks.

The newly added networks include Polygon and Base, which join existing supported chains such as Ethereum, Solana, Stellar, and Avalanche. This expansion reflects Visa's ongoing efforts to evaluate the potential benefits of stablecoin settlement in traditional finance.

With an annualized settlement run rate of approximately $7 billion, this growth represents a 50% quarter-over-quarter increase. While still a smaller portion of Visa's broader payments business, this momentum underscores the potential efficiency gains and faster settlement times that stablecoins can offer.