Visa Goes Multi-Chain: Expands Stablecoin Settlement to Nine Blockchains
Visa’s stablecoin settlement pilot has reached a $7 billion annualized run rate, prompting the payment giant to add support for Arc, Base, Canton, Polygon, and Tempo.
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. They aim to combine the efficiency of blockchain transactions with the price stability of traditional money. Stablecoins are commonly used for trading, payments, and transferring value across crypto platforms. Some are backed by reserves, while others rely on algorithms or crypto collateral. Their growing use has made stablecoins a key bridge between traditional finance and the crypto economy.
Visa’s stablecoin settlement pilot has reached a $7 billion annualized run rate, prompting the payment giant to add support for Arc, Base, Canton, Polygon, and Tempo.
Argentine fintech Belo secures $14 million in a round led by Tether to scale its stablecoin-powered digital wallet across six new markets, targeting the region's exploding…
Ripple’s enterprise-grade stablecoin, RLUSD, has officially integrated with OKX, bringing 280+ trading pairs and institutional-grade margin collateral to one of the world’s largest trading platforms.
Visa is partnering with WeFi, co-founded by Reeve Collins, to integrate decentralized finance with regulated payment rails, bringing IBANs and stablecoin payments to the under-banked.
Paxos Labs and Toku have partnered to allow employees to earn yield on USDC, USDT, and USDG salaries immediately upon payment, eliminating the need for manual…
South Korean internet-only lender Kbank has partnered with Ripple to pilot blockchain-based cross-border payments amid shifting domestic digital asset regulations.
Western Union CEO Devin McGranahan confirmed that the company’s Solana-based stablecoin, USDPT, is in its final preparation stages for a scheduled launch next month.
Negotiations on a landmark US crypto bill are nearing agreement on stablecoin rewards, though debates over ethics and financial crime continue to pose challenges.
DoorDash is integrating stablecoin payments via Tempo’s blockchain, bringing crypto-powered payouts to its global driver and merchant network.
Coinbase unveils Agentic.market, an app store-like platform built on x402 that allows AI agents to access and transact with digital services autonomously.