Visa has expanded its stablecoin settlement network to nine blockchains, as usage reached a $7 billion annualised run rate, up 50% quarter-on-quarter.
The expansion adds networks including Base, Polygon, Arc, Canton and Tempo, alongside earlier integrations with Ethereum, Solana, Avalanche and Stellar.
“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.
The system enables financial institutions to settle transactions directly in stablecoins such as USD Coin, offering faster and always-on payments compared to traditional rails.
Partners including Circle, Coinbase and Polygon Labs are supporting the expanded infrastructure.
Visa said more than 130 stablecoin-linked card programmes now operate across over 50 countries, reflecting growing institutional adoption of blockchain-based settlement.
The milestone signals a shift from pilot testing to real-world usage, as stablecoins increasingly move into mainstream global payments infrastructure.