Visa has significantly expanded its global stablecoin settlement pilot, bringing the total supported blockchain networks to nine. The payment giant added Arc, Base, Canton, Polygon, and Tempo to its network.
This expansion fuels Visa's blockchain infrastructure, which now boasts a $7 billion annualized run rate, demonstrating 50% quarter-over-quarter growth. The company also operates over 130 stablecoin-linked card programs in more than 50 countries.
The newly integrated networks cater to diverse settlement needs. Polygon and Coinbase-incubated Base are Ethereum scaling solutions. Circle’s Arc and Stripe’s Tempo network are layer-1 chains focused on stablecoins and payments, while Canton provides configurable privacy for institutions.
These additions complement Visa's existing support for Ethereum, Solana, Avalanche, and Stellar, establishing a comprehensive multi-chain settlement layer. The rapid growth underscores increasing institutional adoption of blockchain payment rails, with Visa's stablecoin settlement volume climbing from $4.7 billion to $7 billion on an annualized basis in a single quarter.
"Our partners are building in a multi-chain world, and they expect their options to reflect that reality," stated Rubail Birwadker, Visa Global Head of Growth Products and Strategic Partnerships. "Expanding our stablecoin settlement pilot program 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."