Visa has added the Monad blockchain to its stablecoin settlement program, enabling participating issuers and acquirers to settle transactions through the network. The expansion brings Visa's supported chains to include Avalanche, Ethereum, Solana, Stellar, Circle's Arc, Base, Canton, Polygon, Tempo, and now Monad. As of September 2026, Visa's stablecoin settlement volume reached an annualized $20 billion, representing a more than 15x increase year over year, with over 225 stablecoin-related card programs live globally. The Monad Foundation announced it will launch Private Settlement in the coming months — a privacy feature allowing institutions to keep transaction details confidential while disclosing them to auditors and regulators when required.