Visa expands stablecoin settlement to five more blockchains

On April 29, Visa expanded its stablecoin settlement pilot by adding five blockchains — Arc, Base, Canton, Polygon and Tempo — bringing the program to nine networks and producing a $7 billion annualized settlement run rate, a 50% increase from the prior quarter.

The new networks join existing support for Avalanche, Ethereum, Solana and Stellar. Visa said the pilot now processes settlement across Europe, Latin America, Asia Pacific and the CEMEA region. The company also extended USDC settlement to U.S. banks and supports more than 130 stablecoin-linked card programs across 50 countries.

Visa described each added chain as aimed at specific payment needs. Arc, developed by Circle, is positioned for programmable money and on-chain innovation. Base, incubated by Coinbase, is targeted at high-volume retail flows. Canton is designed for regulated capital markets with configurable privacy controls. Polygon offers low-cost throughput for broad consumer use. Tempo focuses on private, real-time stablecoin settlement.

Visa said the pilot has moved beyond proofs of concept and now carries live payment flows on the supported chains. Rubail Birwadker, Visa’s global head of growth products and strategic partnerships, noted, “Our partners are building in a multi-chain world, and they expect their options to reflect that reality.”

Marc Boiron, CEO of Polygon Labs, commented that adding Polygon makes stablecoin settlement more practical for partners and added,

By combining Visa’s global reach with Polygon’s fast, low-cost infrastructure, we are making stablecoin settlement more practical, reliable, and accessible for partners around the world.

Visa reported the quarter-over-quarter growth in settlement volume as evidence of rising institutional use of blockchain rails for payments. The company’s release lists the geographic expansion, network additions and growth in supported card programs as indicators of wider operational deployment.

Visa has been nominated for Best Stablecoin Infrastructure at the BeInCrypto Institutional 100 Awards 2026.

Market participants said the next phase will test whether supporting multiple blockchains reduces friction for banks and payment providers or creates additional integration, treasury and compliance work. The pilot’s expanded network set provides partners with options to match technical properties of chains to particular payment flows.