Visa adds Polygon to its global stablecoin settlement program
Tech Visa adds Polygon to its global stablecoin settlement programVisa integrates Polygon, enabling faster and lower-cost stablecoin settlements across multiple blockchains.Multi-chain expansion adds flexibility as Visa connects wallets, liquidity, and cross-chain payment tools.Stablecoin usage surges, with Visas blockchain settlement run rate hitting $7B amid rising adoption. Visa has added the Polygon network to its stablecoin settlement system, expanding its move into multi-chain blockchain payments. The company now allows issuers and acquirers to settle stablecoin transactions directly on the blockchain. As a result, Visa is shifting more of its settlement activity toward blockchain-based systems as payment networks evolve. As per the announcement, Polygon is a key option for faster and lower-cost transactions. Partners can now use Polygons Open Money Stack, which connects wallets, liquidity systems, and cross-chain tools. This setup is designed to help institutions operate across different blockchain networks while still settling through a single coordinated system. Multi-Chain Payments Strategy Expands Visa described its Open Money Stack as a system that links enterprise wallets, fiat on and off-ramps, and cross-chain orchestration tools. The setup includes Polygon CDK for compliant blockchain deployment and AggLayer for shared liquidity across networks. The payment company also added Arc, Base, Canton, and Tempo to its stablecoin settlement pilot alongside Polygon. Rubail Birwadker,