Visa expands stablecoin settlement options by adding Monad blockchain
Visa announced that issuers and acquirers can now settle stablecoin transactions on the Monad network, joining a suite of other blockchains supported by the company. The integration is part of Visa's effort to give partners more flexibility and to enable settlement on weekends and holidays. Monad is also working on a privacy tool called Private Settlement that would let institutions keep transaction details confidential while still providing access to auditors and regulators.
Why it matters
The addition of another blockchain could increase the volume of stablecoin‑based card settlements and attract institutions seeking multi‑chain flexibility. Visa’s own statements indicate the stablecoin settlement activity is growing rapidly, which may boost demand for related services and infrastructure.
Key facts
- 1Visa incorporated the Monad blockchain as a new option for stablecoin settlement for participating issuers and acquirers. theblock.co
- 2Visa’s stablecoin settlement activity was reported at an annualized pace of $20 billion in September 2026. theblock.co
- 3Visa said the settlement program now runs on ten different blockchains. crypto.news
- 4More than 225 card programs linked to stablecoins are operating worldwide. theblock.co
- 5Monad is developing a privacy feature, named Private Settlement, that will let institutions hide transaction details while still allowing auditors or regulators to view them when required. theblock.co
Open questions
- Material 5 reports an annualized settlement pace of over $25 billion, while materials 1‑3 cite $20 billion for the same period.
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.