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Visa expanded its global stablecoin settlement pilot to nine total blockchain networks on Wednesday, as the payment giant’s blockchain infrastructure reached a $7 billion annualized run rate with 50% quarterly growth.
Visa said the newly added networks—Arc, Base, Canton, Polygon, and Tempo—each serve distinct settlement needs.
These additions complement Visa’s existing support for Ethereum, Solana, Avalanche, and Stellar, creating what Visa described as a comprehensive multi-chain settlement layer.
Visa said the pilot’s rapid expansion reflects accelerating institutional adoption of blockchain payment rails. It reported that stablecoin settlement volume rose from approximately $4.7 billion to $7 billion on an annualized basis in just one quarter.
Visa Global Head of Growth Products and Strategic Partnerships Rubail Birwadker said partners are building for a multi-chain environment and want settlement options that match their needs.
“Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” Birwadker said. “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.”
Visa noted that Arc, Tempo, and Canton are newer entrants to the blockchain industry. Visa said it has already offered support to all three, including serving as a design partner for Arc and becoming a validator for Tempo and Canton.
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