Visa Adds Monad, but This Is About Institutional Settlement—not Your Card Payments Arriving on Weekends
Visa has added Monad to its stablecoin settlement network, which sounds like card networks are moving to 24/7 settlement. But the source says issuing and acquiring banks can settle on-chain over weekends and holidays.
CoinDesk and The Block say this expands multichain settlement options for institutions. Visa disclosed an annualized volume of about $20 billion. The original report doesn’t equate this with cardholders’ purchases arriving on weekends—that’s my interpretation: it looks more like an expansion of settlement channels, not a guarantee that card payments will automatically arrive on weekends.
One interpretation is that card network settlement is becoming round-the-clock; another is that, for now, this is an expansion of settlement between institutions. The takeaway: first distinguish “who is settling,” then decide whether to adjust your expectations. If future announcements explicitly open up weekend settlement for cardholders, the interpretation that this is only an institutional expansion will need to be revised. Do you think this is more like payments running nonstop on weekends, or more like backend plumbing being expanded?
#稳定币结算 #PaymentInfrastructure
Visa has added Monad to its stablecoin settlement network, which sounds like card networks are moving to 24/7 settlement. But the source says issuing and acquiring banks can settle on-chain over weekends and holidays.
CoinDesk and The Block say this expands multichain settlement options for institutions. Visa disclosed an annualized volume of about $20 billion. The original report doesn’t equate this with cardholders’ purchases arriving on weekends—that’s my interpretation: it looks more like an expansion of settlement channels, not a guarantee that card payments will automatically arrive on weekends.
One interpretation is that card network settlement is becoming round-the-clock; another is that, for now, this is an expansion of settlement between institutions. The takeaway: first distinguish “who is settling,” then decide whether to adjust your expectations. If future announcements explicitly open up weekend settlement for cardholders, the interpretation that this is only an institutional expansion will need to be revised. Do you think this is more like payments running nonstop on weekends, or more like backend plumbing being expanded?
#稳定币结算 #PaymentInfrastructure