Visa Adds Five Blockchains to Its Stablecoin Layer Amid $7 Billion Milestone
Visa expanded its stablecoin settlement pilot to 9 blockchains on April 29, signaling that institutional adoption of blockchain-based fee rails is accelerating sooner than conventional finance anticipated. The transfer provides Arc, Base, Canton, Polygon, and Tempo to current help for Avalanche, Ethereum, Solana, and Stellar. The $7 billion annualized settlement run charge, up 50% from…
