Visa stablecoin pilot hits $7B on nine blockchains
Visa added Base, Polygon, Canton, Arc, and Tempo to its global stablecoin settlement pilot on April 29, bringing the total to nine supported blockchains and reaching a $7 billion annualized settlement run rate, up 50% from last quarter.The five new additions join Avalanche, Ethereum, Solana, and Stellar, giving Visas issuers and acquirers nine blockchain options for settling transactions outside traditional banking rails.Visa is operating as a validator node on Tempo alongside Stripe and Standard Chartereds Zodia Custody, making it one of the first major payment companies to run blockchain validation infrastructure directly.Visa now operates more than 130 stablecoin-linked card programs across more than 50 countries, bridging digital assets with traditional merchant acceptance at global scale. Visa stablecoin settlement reached a $7 billion annualized run rate as the company announced the addition of five blockchains to its global pilot on April 29. “Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” said Rubail Birwadker, Visas Global Head of Growth Products and Strategic Partnerships. Visa stablecoin network now covers nine blockchains with distinct institutional roles Each new chain targets a different part of the payments market. Arc is Circle‘s Layer-1 blockchain built for programmable money and real-world