Visa Expands Stablecoin Settlement Network as Transaction Volume Reaches $7 Billion Run Rate

Visa is expanding its stablecoin settlement pilot to nine blockchain networks as adoption of digital dollar payments accelerates worldwide. The payments company added support for Coinbase’s Base, Polygon, Canton Network, Circle’s Arc, and Stripe-backed Tempo, joining existing integrations with Ethereum, Solana, Avalanche, and Stellar.

The program allows issuers and acquirers to settle transactions using stablecoins instead of traditional banking rails. Visa said the initiative has reached a $7 billion annualized run rate, representing a 50% increase from the previous quarter.

The system supports near real-time cross-border settlement using USDC and other stablecoins, reducing the delays typically associated with conventional payment systems. Visa has already rolled out stablecoin settlement tied to card programs in more than 50 countries.

Rubail Birwadker, Visa’s global head of growth products and strategic partnerships, said expanding blockchain support reflects a growing multi-chain environment where partners need flexible options while relying on Visa as a unified settlement layer.