Visa has added the Monad blockchain to its stablecoin settlement network, giving participating banks and payment providers another option for processing transactions. The move expands Visa’s supported networks as the company develops its multi-chain settlement infrastructure for stablecoin payments.
Monad joins nine other supported networks, including Ethereum, Solana, Avalanche, Stellar, Arc, Base, Canton, Polygon and Tempo. Visa added five of those networks in April. Consequently, participating issuers and acquirers can choose blockchains that suit their settlement needs.
Visa Reports $20 Billion Settlement Run Rate
Visa reported a $20 billion annualized stablecoin settlement run rate in September 2026, representing more than 15-fold year-over-year growth. Additionally, the company had over 225 stablecoin-linked card programs operating worldwide.
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Blockchain settlement also allows payments to move during weekends and holidays. Traditional card settlement, however, follows a five-business-day banking schedule, according to the Monad Foundation.
“Our goal is to give our partners the flexibility to settle on the blockchain networks that best meet their needs,” Dan Roesbery, Visa’s vice president of global onchain partnerships and GTM, said.
Monad Develops Institutional Privacy Feature
Meanwhile, Monad is developing Private Settlement, a feature designed to protect sensitive institutional transactions. Institutions will retain control over transaction details while sharing information with auditors or regulators when necessary.
Moreover, the feature will allow private transactions to access Monad’s shared network liquidity without slowing settlement. Co-founder Keone Hon said the next phase of institutional adoption depends on transaction confidentiality.
Visa has also tested private settlement on Canton through a June proof of concept with Brale. The initiative used its dollar-backed SBC token to examine confidential onchain settlement.
Related: South Korean Regulator Flags Naver–Upbit Merger Risks Before Won Stablecoin Market Even Exists
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