Visa Expands Crypto Settlement to Nine Blockchains

Visa has broadened its stablecoin settlement pilot to include nine blockchain networks, including Polygon and Base, as the payment giant reports a $7 billion run rate for onchain transactions. This expansion signals growing institutional confidence in digital currencies for real-world payments, leveraging stablecoins to reduce settlement times and costs. The move aligns with Visa's strategy to integrate blockchain rails into its global payment infrastructure, potentially accelerating mainstream adoption of crypto assets. However, regulatory uncertainties and scalability challenges remain key hurdles. Overall, the development underscores a maturing market where traditional finance and decentralized networks converge, offering efficiency gains but requiring careful risk management.

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