What did Visa announce about its stablecoin network?

Visa expanded its stablecoin settlement system to nine blockchains. The network now supports real transactions with an annualised run rate of $7 billion. This marks a shift from pilot testing to operational use.

Which blockchains are included in Visa’s stablecoin expansion?

New additions include Base, Polygon, Arc, Canton and Tempo, alongside existing networks like Ethereum, Solana, Avalanche and Stellar. This creates a multi-chain infrastructure for payments. It allows partners to choose networks based on speed, cost, or compliance needs.

What stablecoin is primarily used in Visa’s system?

The system mainly uses USD Coin for settlement. USDC is a dollar-backed stablecoin widely used in institutional transactions. It enables fast, low-cost transfers compared to traditional banking rails.

How fast is Visa’s stablecoin growth?

Visa reported a $7 billion annualised run rate, up 50% from the previous quarter. This reflects strong adoption among partners and institutions. It shows stablecoins are gaining traction in real-world payments.

Who are Visa’s key partners in this expansion?

Key partners include Circle, Coinbase, and Polygon Labs. These firms help power infrastructure, liquidity, and network support. Collaboration is critical for scaling multi-chain systems.

What does “multi-chain” mean in this context?

Multi-chain means Visa supports multiple blockchain networks instead of relying on just one. This improves flexibility and reduces dependence on a single system. It also allows better optimisation for different use cases.

How does this benefit financial institutions?

Institutions can settle payments faster, often in real time, and operate 24/7. Stablecoins reduce delays compared to traditional banking systems. They also improve liquidity management across global markets.

What are stablecoin-linked card programmes?

These are payment cards connected to stablecoin balances instead of traditional bank accounts. Visa said over 130 such programmes are active across 50+ countries. This shows increasing integration between crypto and traditional finance.

Visa expands stablecoin rails to nine blockchains

Written by BloombergPublished Apr. 30 2026

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.