Visa adds Monad to stablecoin settlement running at $20bn a year
Why it matters
Card issuers and acquirers keep getting more ways to settle with Visa in digital dollars, including at weekends. If you run treasury at a card business, ask your bank or processor which of these networks it supports.
Post to XThe short version
Visa has added Monad, a blockchain (a shared online ledger), to the networks card companies can use to settle payments with it in digital dollar tokens, The Block reported on 10 November. As of September, Visa's yearly pace for this kind of settlement was $20bn, more than 15 times higher than a year earlier.
Here's what happened. Visa now lets card issuers and acquirers (the banks on each side of a card payment) settle with it through Monad, according to the Monad Foundation, as reported by The Block.
Monad joins Avalanche, Ethereum, Solana, Stellar, Circle's Arc, Base, Canton, Polygon and Tempo, which The Block lists as networks Visa already supports.
Put it in context. Visa's settlement in stablecoins (digital tokens designed to hold a steady value, usually one dollar) was running at an annual pace of $20bn as of September 2026, more than 15 times higher than a year earlier, The Block reported. Visa also had more than 225 stablecoin-linked card programmes live worldwide.
Why does timing matter? Card settlement normally follows a Monday-to-Friday banking schedule, while blockchain settlement can move money at weekends and on holidays, the Monad Foundation said.
Monad also plans a privacy feature in the coming months that would let institutions keep transaction details hidden but share them with auditors or regulators.
Where this comes from
Written with AI from the sources above and checked against them before publishing. Here's how we work. This is news, not financial advice. Spotted a mistake? Tell us.
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