Visa Expands Stablecoin Settlement Pilot to These Nine Blockchains

TLDR

• Visa added Arc, Base, Canton, Polygon and Tempo to its pilot.
• The stablecoin settlement pilot now supports nine blockchains.
• Visa’s blockchain settlement volume reached a $7B annualized run rate.
• Stablecoin settlement volume grew 50% quarter over quarter.
• Visa runs 130+ stablecoin-linked card programs in 50+ countries.

Visa has expanded its global stablecoin settlement pilot by adding five blockchain networks, bringing the total number of supported chains to nine as the company grows its blockchain-based settlement infrastructure.

According to reports, Visa added Arc, Base, Canton, Polygon, and Tempo to the pilot. These networks join Avalanche, Ethereum, Solana, and Stellar, which were already supported by the payment company’s stablecoin settlement programme.

Visa said its stablecoin settlement activity has reached a $7 billion annualized run rate, up 50% from the previous quarter. The growth shows increased use of stablecoin settlement rails by financial institutions, fintech firms, issuers, and acquirers.

Visa Adds Five Blockchain Networks

The newly added blockchains serve different settlement and institutional needs. Arc, developed by Circle, is a Layer-1 blockchain focused on stablecoins, programmable money, and onchain financial activity.

Base, built with support from Coinbase, is an Ethereum scaling network designed for fast and low-cost transactions. Polygon also supports low-cost and high-throughput blockchain payments for digital commerce and settlement use cases.

Canton is focused on regulated capital markets and offers configurable privacy for institutions. Tempo is designed for stablecoin liquidity movement and faster settlement flows.

Visa said the multi-chain expansion gives partners more choice when selecting networks for liquidity access and payment settlement. The company said its role is to provide a common settlement layer across different blockchain ecosystems.

Stablecoin Settlement Run Rate Reaches $7 Billion

Visa’s blockchain settlement volume increased from about $4.7 billion to $7 billion on an annualized basis in one quarter. The company said the growth reflects rising confidence in stablecoin settlement as a complement to traditional payment rails.

Stablecoins are increasingly used by payment firms to move value across borders, reduce settlement delays, and improve liquidity management. Visa’s pilot allows issuers and acquirers to settle using blockchain infrastructure while still operating through Visa’s broader payments network.

The company has also expanded USDC settlement to U.S. banks and has conducted pilots and rollouts across Latin America, Europe, Asia-Pacific, and Central and Eastern Europe, the Middle East, and Africa.

Visa now operates more than 130 stablecoin-linked card programs in over 50 countries. These programs connect digital asset balances and stablecoin infrastructure with card-based payment systems.

Multi-Chain Strategy Supports Payment Partners

Visa said its partners are building across multiple chains and need settlement options that reflect how liquidity is distributed across the market. Supporting nine blockchains allows firms to choose networks based on speed, cost, privacy, compliance, and liquidity needs.

The company has already supported newer networks beyond simple pilot participation. Visa is a design partner for Arc and has become a validator for both Tempo and Canton.

Executives from Circle, Base, Canton, Polygon, and Tempo said the integrations support wider use of stablecoins in payments, institutional settlement, and programmable financial activity.

The expansion places Visa deeper into blockchain infrastructure as stablecoins continue moving into payment and settlement workflows. The company said it remains focused on connecting traditional finance with blockchain-based systems while maintaining standards for reliability, security, and scale.

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