Visa’s stablecoin settlement pilot has crossed the $7 billion annualized run rate, growing 50 percent quarter-over-quarter as the network adds five new blockchains to its global settlement infrastructure.
The five additions (Arc, Base, Canton, Polygon, and Tempo) bring Visa’s total blockchain support to nine, adding to existing settlement on Avalanche, Ethereum, Solana, and Stellar. The expansion reflects a multi-chain strategy where partners choose networks suited to their operational requirements while Visa serves as the common settlement layer across all of them.
Rubail Birwadker of Visa framed the logic directly: “Our partners are building in a multi-chain world, and they expect their options to reflect that reality.” The network now supports more than 130 stablecoin-linked card programs across 50-plus countries, with live pilots operating in Latin America, Europe, Asia-Pacific, and Central Europe/Middle East/Africa.
The Mastercard-BVNK acquisition and Visa’s settlement expansion together confirm a pattern: the major card networks are no longer experimenting with stablecoin rails. They are operationalizing them at scale, with volume growth that suggests settlement preferences among issuers and acquirers are shifting faster than public discourse acknowledges.
Source: Visa Newsroom
