Visa Adds Polygon to Global Stablecoin Settlement Program as Run Rate Hits $7B
Visa has added Polygon to its stablecoin settlement pilot, which now spans nine blockchains and a $7 billion annualized run rate.
The stablecoin settlement use case is distinct from the security concerns that have affected other cross-chain infrastructure recently, such as the Commons Bridge hack reported by SYND Syndicate. Visa’s pilot operates through existing VisaNet rails with blockchain as the settlement layer, rather than relying on bridge protocols for cross-chain asset transfers.
Visa said the program will continue expanding through 2026. With nine blockchains now live and a run rate that has doubled in under five months, the pilot is approaching a scale where the “pilot” label may soon become a formality.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
