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Visa adds Monad as stablecoin settlement tops $25B

Visa added Monad on Nov. 10 as a stablecoin settlement route for participating issuers and acquirers, while its network-wide annualized pace exceeded $25 billion.

By Web3 Hub Newsroom2 min read

Visa adds Monad as stablecoin settlement tops $25B

Visa added the Monad blockchain as a stablecoin settlement option for participating issuers and acquirers on Nov. 10, giving them another network to settle obligations to Visa. The move expands the payment company’s blockchain routes, The Block reported, citing the Monad Foundation.

Visa CEO Ryan McInerney said on the company’s Oct. 27 earnings call that its stablecoin settlement run rate had surpassed $25 billion annualized, up tenfold year over year, according to crypto.news’ report. That figure covers Visa’s wider program; it does not show how much has settled on Monad.

What can Visa partners settle on Monad?

Participating issuers and acquirers can use stablecoins on Monad to settle amounts they owe Visa after card transactions, the Monad Foundation said. The option moves funds between payment institutions; it does not mean cardholders pay merchants in stablecoins through Monad.

The foundation said blockchain settlement can operate on weekends and holidays, when traditional card settlement follows a five-business-day banking schedule. Visa’s program already supported other networks, including Ethereum, Solana and Avalanche, The Block reported.

How large is Visa’s stablecoin settlement program?

The more than $25 billion figure is an annualized run rate, a projection of the pace of recent activity over a year, not a total processed during fiscal 2026. McInerney gave the figure on Oct. 27; Visa had reported a $20 billion run rate as of September, according to the two reports.

Visa also reported more than 225 stablecoin-linked card programs live globally, according to The Block. Those card programs are separate from the settlement route added on Monad.

What comes next for Monad’s institutional plans?

The Monad Foundation said it is developing Private Settlement, a feature intended to let institutions keep transaction details private while giving auditors or regulators access when needed. The feature was still in development at the time of the announcement, with launch expected in the coming months.

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