Visa Expands Blockchain Payments, Stablecoins Go Mainstream

Visas Blockchain Expansion: A New Era for Stablecoin Payments Visa has made a significant move in the blockchain world by expanding its stablecoin settlement pilot to nine networks, including Arc, Base, Canton, Polygon, and Tempo. This move has led to a seven billion dollar annualized run rate, with a fifty percent growth quarter over quarter. Visas growth head, Rubail Birwadker, emphasizes the importance of choices in a multi-chain reality, and this expansion provides just that with a reliable settlement layer. With Visa already involved as a design partner for Arc and validator for Tempo and Canton, stablecoins are poised to go mainstream through giants like Visa, paving the way for global payments across different chains. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5c3f9688022ef98f