Visa adds Monad as a stablecoin settlement option
Visa added Monad as a stablecoin settlement option for participating issuers and acquirers as annualized settlement volume reached $25 billion.
Crypto Bulletin Newsroom 2 min read
The Monad Foundation announced on Nov. 10 that Visa had added the Monad blockchain as a stablecoin settlement option for participating issuers and acquirers; Visa’s annualized stablecoin settlement run rate was $25 billion in September, the foundation said in its announcement. The release does not name which stablecoins will settle on Monad.
How can Visa partners use Monad?
Participating issuers and acquirers can use the network to settle obligations with Visa in stablecoins, according to the foundation. It said Monad’s Ethereum Virtual Machine compatibility lets partners extend existing Ethereum-based custody, wallet and compliance tools to the network.
The foundation said blockchain settlement can move funds across weekends and holidays, while traditional card settlement has generally followed a five-business-day banking schedule. It also said Monad offers sub-second finality, allowing transactions to settle shortly after submission.
How large is Visa’s stablecoin settlement program?
The foundation said Visa reported a $25 billion annualized stablecoin settlement run rate as of September 2026, roughly 10 times the level a year earlier. It also cited more than 225 stablecoin-linked card programs live globally. Those figures describe Visa’s overall program; the announcement did not report settlement volume on Monad.
Visa vice president Dan Roesbery said the addition gives partners more network options and advances a multi-chain settlement infrastructure for stablecoin payments, according to the foundation’s release.
When will Monad’s privacy feature be available?
Monad’s Private Settlement feature is planned for the coming months and is not yet live, Unchained reported. The foundation said the feature is designed to keep sensitive settlement details confidential while allowing institutions to share them with auditors and regulators.
The foundation said the privacy feature will operate on Monad and keep private transactions connected to the network’s liquidity. It did not identify participating Visa issuers or acquirers.
Sources
- announcement — globenewswire.com
- Unchained reported — unchainedcrypto.com