Visa expands stablecoin settlement network as volume hits $7 billion run rate
Analysis
Price Impact
MedVisa's expansion of its stablecoin settlement network, especially with a $7 billion run rate, signals growing institutional adoption and utility for stablecoins like usdc. this increased usage in real-world financial transactions can lead to higher demand and potentially impact the price of major stablecoins positively, though the effect might be moderate as it's within an existing pilot.
Trustworthiness
HighPrice Direction
BullishThe increased adoption and utility driven by visa's network expansion are positive catalysts. as more transactions are settled using stablecoins, the demand for these assets, particularly usdc which is mentioned prominently, is expected to rise, leading to a potential price increase.
Time Effect
LongThe expansion of a major financial institution's stablecoin settlement network is a long-term development. while immediate price fluctuations might occur, the true impact on stablecoin adoption and value will unfold over months and years as more partners integrate and leverage the service.
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Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Visa expands stablecoin settlement network as volume hits $7 billion run rate The payments giant added support for Stripe's Tempo, Circle's Arc, Coinbase's Base, Polygon and Canton Network as stablecoins gain traction in global money movement. By Krisztian Sandor | Edited by Sheldon Reback Apr 29, 2026, 3:11 p.m. Make preferred on (CardMapr.nl/Unsplash) What to know : Visa is expanding its stablecoin settlement pilot to nine blockchains, adding Base, Polygon, Canton Network, Arc and Tempo to existing support for Ethereum, Solana, Avalanche and Stellar. The program, which lets issuers and acquirers settle transactions in stablecoins instead of through traditional banking rails, has reached a $7 billion annualized run rate, up 50% from the prior quarter. By supporting multiple networks and enabling near real-time, cross-border settlement with USDC and other stablecoins, Visa aims to give partners access to broader liquidity while serving as a common settlement layer. Visa (V) is expanding its stablecoin push by adding support for five more blockchains as it leans into a multichain approach to global payments. The payments giant said Wednesday its stablecoin settlement pilot now spans nine networks and has reached a $7 billion annualized run rate, up 50% from the prior quarter. The program lets issuers and acquirers settle transactions using stablecoins instead of traditional banking rails. The newly supported blockchains are Coinbase's Base, Polygon, Canton Network, Circle's Arc and Stripe-backed Tempo, joining existing integrations with Ethereum, Solana, Avalanche and Stellar. Visa's move comes as stablecoins — cryptocurrencies with prices tied to fiat money — are gaining ground as a way to move money across borders. Visa has been testing that model through pilots and regional rollouts, including USDC settlement tied to card programs in more than 50 countries. Instead of waiting days for funds to move through banking systems, partners can settle transactions using blockchain-based dollars that move in near real time. By supporting multiple networks, Visa is aiming to give partners access to different pools of liquidity without added complexity. "Our partners are building in a multi-chain world, and they expect their options to reflect that reality," said Rubail Birwadker, Visa's 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." Stablecoins More For You DeFi shaken by $292 million hack, but showing resilience, Standard Chartered says By Will Canny , AI Boost | Edited by Stephen Alpher 2 hours ago The AAVE-led response and new safeguards underscore the sector's maturity as the bank maintains its $2 trillion RWA outlook. What to know : Standard Chartered said the $292 million exploit triggered contagion across decentralized finance, hitting AAVE liquidity. Industry backstop of $300 million helped stabilize deposits and yields. The bank maintained its $2 trillion tokenized RWA forecast by 2028. Read full story Latest Crypto News Bitcoin ETFs fuel institutional surge, 21Shares' CIO sees $100K possible by year-end 9 minutes ago Crypto Long & Short: Guide, deliver, repeat: the hidden driver of token performance 12 minutes ago Wall Street is launching the first ever prediction market ETFs for U.S. elections 44 minutes ago Wall Street is coming to Consensus Miami — and it’s not just to watch 1 hour ago Stellar’s CMO says crypto must ditch hype and “get rich slow” to win mainstream trust 1 hour ago CoinDesk 20 performance update: Litecoin (LTC) gains 2.4%, leading index higher 1 hour ago Top Stories There's a social media groundswell predicting bitcoin above $90,000. That might be a problem. 6 hours ago Bitcoin rebounds from key support as traders eye renewed push toward $80,000 4 hours ago Institutional money is coming for bitcoin, but Adam Back says it moves slower than you think 11 hours ago Tether leads Belo's $14 million raise to expand stablecoin payments across Latin America 3 hours ago Paul Tudor Jones calls bitcoin the 'best inflation hedge,' warns of overvalued stocks 19 hours ago 'Crypto Godfather' says bitcoin has not reached its bottom and a new all-time high is off the table for 2026 23 hours ago