Visa has officially integrated Polygon into its Global Stablecoin Settlement Program, significantly expanding its capabilities in stablecoin transactions. The program, which has reached an annualized settlement volume of $7 billion, allows Visa's partners, including issuers and acquirers, to complete stablecoin settlements via the Polygon network. Polygon has become the largest USD stablecoin payment network, with 34% of USD stablecoin transfers occurring on its platform. The network boasts approximately 3.19 million weekly active stablecoin users and a record on-chain stablecoin supply of $3.62 billion. Institutions such as Stripe, Revolut, and BlackRock are already utilizing Polygon for financial settlements, benefiting from its low transaction fees and rapid transaction finality.
Visa Integrates Polygon into $7 Billion Stablecoin Settlement Program
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