Visa Expands Stablecoin Pilot to Nine Blockchains
- Visa has expanded its stablecoin settlement pilot to nine blockchains after adding Arc, Base, Canton, Polygon and Tempo.
- The company says its onchain settlement volume is running at an annualized pace of about $7 billion, up roughly 50% quarter over quarter.
Visa is widening its stablecoin settlement network, adding five more blockchains to a pilot that is gradually becoming part of the company’s broader payments infrastructure.
Visa adds five more chains to settlement pilot
The payments group has added Arc, Base, Canton, Polygon and Tempo to its stablecoin settlement pilot. That brings the total number of supported blockchains to nine, giving Visa a wider technical base for testing how tokenized dollars can move across different networks.
The expansion is notable because these chains serve different corners of the market. Base and Polygon are widely used public blockchain ecosystems. Canton is built with institutional finance in mind. Arc and Tempo reflect the growing interest in purpose-built payment and settlement networks.
Visa said its onchain settlement volume is now running at an annualized pace of about $7 billion. That is still small compared with the company’s global card volumes, but it is growing quickly, with volume up roughly 50% quarter over quarter.
Stablecoins move closer to card infrastructure
The pilot sits inside a larger stablecoin push. Visa said it now supports more than 130 stablecoin-linked card programs across more than 50 countries. That places stablecoins less as a parallel crypto product and more as a settlement and funding layer connected to familiar payment experiences.
For banks, fintechs and crypto firms, the appeal is straightforward. Stablecoins can reduce friction in cross-border settlement, improve access to dollar liquidity and operate outside traditional banking hours. For Visa, the question is how to use that infrastructure without weakening the reliability expected from a global payments network.
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