Visa Adds Five Blockchains to Its Stablecoin Layer Amid $7 Billion Milestone

Visa expanded its stablecoin settlement pilot to nine blockchains on April 29, signaling that institutional adoption of blockchain-based payment rails is accelerating faster than traditional finance expected. The move adds Arc, Base, Canton, Polygon, and Tempo to existing support for Avalanche, Ethereum, Solana, and Stellar. The $7 billion annualized settlement run rate, up 50% from The post Visa Adds Five Blockchains to Its Stablecoin Layer Amid $7 Billion Milestone appeared first on BeInCrypto.