Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

Visa Expands Stablecoin Settlement Network to 9 Blockchains, Annualized Volume Reaches $7B

GateNews
Partnerships & Ecosystem
ETH-3.19%
SOL-4.59%
AVAX-4.43%
XLM-4.31%

According to BlockBeats, on April 29, Visa expanded its stablecoin settlement network to 9 blockchains, adding support for Base, Polygon, Canton Network, Arc, and Tempo. The payment giant now supports Ethereum, Solana, Avalanche, and Stellar in addition to the newly added networks.

Visa’s stablecoin settlement program has reached an annualized transaction volume of $7 billion, representing 50% quarter-over-quarter growth. The program enables card issuers and acquirers to settle transactions directly using stablecoins, bypassing traditional banking clearance systems.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

04-29 11:33
WalletConnect Partners With Ingenico to Enable Crypto Payments at Retail POS on April 29
04-29 11:09
Ripple Expands RLUSD Access to Over 280 Spot Trading Pairs
04-29 07:15
Pendle Emerges as Core RWA Yield Hub as Apollo, Paxos, Ethena, and Strategy Integrate
04-28 14:02
Visa Partners with WeFi to Enable Stablecoin Payments via Self-Custody Wallets
04-27 21:02
RLUSD Supply Approaches $1.6B as Institutional Demand and Cross-Chain Expansion Drive Growth
In-Depth Analysis

Lightspark and Visa Launch Crypto Debit Cards in 100+ Countries

Crypto Frontier04-29 05:12

Stablecoin rails slow 19%, but dollar tokens quietly keep compounding

Cryptonews04-28 21:07

Paxos Labs Amplify Pushes Built-In Yield Into $1B Toku Payroll Platform

Coinpedia04-28 13:28
Comment
0/400
No comments