fintech / news / / Decrypt
Visa added Arc, Base, Canton, Polygon, and Tempo to its global stablecoin settlement pilot.
Visa expanded its stablecoin settlement pilot to include Arc, Base, Canton, Polygon, and Tempo networks.
KEY POINTS
- The pilot's blockchain settlement volume reached a $7 billion annualized run rate with 50% quarterly growth.
- Visa now supports over 130 stablecoin-linked card programs operating in more than 50 countries.
- Canton was added specifically for its configurable privacy features tailored for institutional use.
- Polygon and Base were chosen as Ethereum scaling networks to complement existing supported blockchains.
COMPANIES
Summarized by Newsio from Decrypt. How we summarize →