The pilot's rapid growth reflects accelerating institutional adoption of blockchain payment rails. Visa’s stablecoin settlement volume jumped from approximately $4.7 billion to $7 billion on an annualized basis in just one quarter, the financial giant said.
Visa's broader stablecoin ecosystem extends beyond settlement infrastructure. The company operates more than 130 stablecoin-linked card programs spanning more than 50 countries, bridging digital assets with traditional payment networks.
“Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” said Visa Global Head of Growth Products and Strategic Partnerships Rubail Birwadker, in a statement. “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.”
