Payment provider

Visa Inc.

Its stablecoin settlement reached a $7bn annualised run rate in April 2026, when Arc, Base, Canton, Polygon and Tempo took the chains it supports to nine; in July it opened a platform for institutions to mint and burn stablecoins inside the network.

Kind Payment provider

Jurisdiction United States

Founded 1958

Stories filed 3

The profile

Card network operating in more than 200 countries and territories, whose corporate line runs back to the BankAmericard programme Bank of America launched in Fresno on 18 September 1958, reorganised as National BankAmericard Inc. in 1970, unified under the Visa name in 1976 and listed on the New York Stock Exchange in March 2008. It first settled card obligations in a stablecoin in 2023 and opened USDC settlement to US issuers and acquirers on 16 December 2025, with Cross River Bank and Lead Bank settling over Solana; on 29 April 2026 it added Arc, Base, Canton, Polygon and Tempo to take the supported chains to nine, and reported stablecoin settlement at a $7bn annualised run rate, 50% above the previous quarter, alongside more than 130 stablecoin-linked card programmes in over 50 countries. On 16 July 2026 it opened the Visa Stablecoin Platform in beta, through which financial institutions and fintechs can mint, burn and hold stablecoins inside a network-managed environment, starting with Open USD issued by Open Standard.

Products and services

Stablecoin settlement: Option for card issuers and acquirers to settle VisaNet obligations in stablecoins across nine blockchains, at a $7bn annualised run rate in April 2026.
Visa Stablecoin Platform: Beta service opened on 16 July 2026 for institutions to mint, burn and custody stablecoins, first supporting Open USD issued by Open Standard.
VisaNet: Authorisation, clearing and settlement infrastructure between issuing and acquiring banks in more than 200 countries and territories.

Coverage

Developments in which Visa Inc. is a named party, newest first.

Stablecoins

Circle minted ten billion tokens and called them a digital commodity, a day after the Senate declined to define one

Arc goes live with gas payable in USDC and no native token required, and Circle has minted the full 10bn supply of one anyway.

today Circle 3 reports

Credit & lending

Visa opens its settlement records so lenders can finance stablecoin cards

A card programme owes Visa every day and collects from cardholders later. Visa is now handing its settlement files to an onchain lender that funds the gap and takes repayment out of the receivables through a smart contract.

today Visa 3 reports

Stablecoins United States

Clearing & settlement

BlackRock, DTCC, ICE and Visa join Circle's Arc as founding validators

Eleven institutions will secure the stablecoin issuer's own layer-one network before its 16 September mainnet, and the DTCC will make Arc a supported chain for tokenizing the assets it custodies from the second half of 2027.

today Circle 2 reports

Stablecoins Tokenized funds United States Global

On the record

16 Sep 2026

Circle launches Arc mainnet and mints the full 10bn supply of ARC

Arc goes live as a layer one whose fees are payable in USDC, with a founding validator cohort of eleven institutions alongside Circle including DTCC, ICE, Mastercard and Visa. Circle says it completed the genesis mint of 10 billion ARC in the United States and describes the token as a digital commodity, adding that the mint is not a commitment to launch it.

Product launch United States Global Stablecoins Other asset classes Circle: Circle Launches Arc Mainnet, an Economic Operating System for the Internet ↗

8 Sep 2026

Visa opens settlement data to an onchain lender financing card programmes

Visa said it would pair VisaNet settlement files with Credit Coop's onchain credit facility, which funds a stablecoin card programme's daily obligation to the network and takes repayment automatically from the receivables through a smart contract. It reported more than 160 programmes, a $20bn annualised settlement run rate and $2.5bn financed since 2023 with no defaults.

Product launch United States Stablecoins Visa: Visa Brings Onchain Lending into Everyday Payments ↗

5 Aug 2026

Eleven institutions join Circle as founding validators of Arc

BlackRock, the DTCC, Galaxy, Global Payments, ICE, Mastercard, MoneyGram, SBI Group, Standard Chartered, Sumitomo Corporation and Visa will run validators on Arc, Circle's layer-one network, ahead of a public mainnet set for 16 September 2026. BlackRock is expected to deploy BUIDL on it, and the DTCC to make it a supported blockchain for its tokenization service in the second half of 2027.

Institutional pilot United States Stablecoins Circle: Circle Announces Founding Validator Cohort and Major Integrations for Arc Ahead of September 16 Mainnet Launch ↗

Official

www.visa.com ↗

Sources

Visa: Visa launches stablecoin settlement in the United States usa.visa.com · 25 Jul 2026
Visa: Visa accelerates stablecoin momentum: adding five blockchains for settlement usa.visa.com · 25 Jul 2026
Visa: Visa introduces platform for stablecoin minting, movement and management investor.visa.com · 25 Jul 2026
Wikipedia: Visa Inc. en.wikipedia.org · 25 Jul 2026