Visa Expands Stablecoin Settlement Pilot to Nine Chains, Hits $7B Run Rate
VV•
Visa expanded its stablecoin settlement pilot to nine blockchains, adding Arc, Base, Canton, Polygon and Tempo. This extension boosted annualized transaction volume by 50% quarter-over-quarter to a $7 billion run rate.
1. Pilot Expansion to Nine Chains
Visa added Arc, Base, Canton, Polygon and Tempo to its stablecoin settlement pilot, bringing total supported blockchains to nine.
2. Volume Growth and Strategic Implications
The pilot’s transaction volume rose 50% quarter-over-quarter, reaching a $7 billion annualized run rate and signaling rising adoption of blockchain-based settlements within Visa’s network.
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