Visa adds Monad to stablecoin settlement network options
Visa has added the Monad blockchain as a settlement option for its stablecoin program, allowing participating issuers and acquirers to settle payments through the network.
Monad joins several blockchains already supported by Visa, including Avalanche, Ethereum, Solana, Stellar, Base, Polygon, Canton, Circle's Arc and Tempo. Visa announced support for the latter five in April.
The Monad Foundation said blockchain settlement allows funds to move on weekends and holidays, compared with traditional card settlement, which operates on a five-business-day banking schedule.
Monad is also developing a privacy feature called Private Settlement, expected to launch in the coming months. The feature will allow institutions to keep sensitive transaction details private while sharing them with auditors or regulators when needed.
Visa reported an annualized stablecoin settlement run rate of $20 billion as of September 2026, up more than 15 times year over year. It also had more than 225 stablecoin-linked card programs operating globally.
Visa has added the Monad blockchain as a settlement option for its stablecoin program, allowing participating issuers and acquirers to settle payments through the network.
Monad joins several blockchains already supported by Visa, including Avalanche, Ethereum, Solana, Stellar, Base, Polygon, Canton, Circle's Arc and Tempo. Visa announced support for the latter five in April.
The Monad Foundation said blockchain settlement allows funds to move on weekends and holidays, compared with traditional card settlement, which operates on a five-business-day banking schedule.
Monad is also developing a privacy feature called Private Settlement, expected to launch in the coming months. The feature will allow institutions to keep sensitive transaction details private while sharing them with auditors or regulators when needed.
Visa reported an annualized stablecoin settlement run rate of $20 billion as of September 2026, up more than 15 times year over year. It also had more than 225 stablecoin-linked card programs operating globally.