Visa has added Monad as a settlement option in its stablecoin settlement program for participating issuers and acquirers, The Block reported on Tuesday, citing an announcement from the Monad Foundation. Monad joins Avalanche, Ethereum, Solana, Stellar, Circle’s Arc, Base, Canton, Polygon and Tempo. Visa announced the last five of those in April.
According to the Monad Foundation, blockchain settlement can move funds on weekends and holidays, unlike traditional card settlement, which follows a five-business-day banking schedule.
The Block reported that Visa’s annualized stablecoin settlement run rate reached $20 billion as of September 2026, up more than 15 times from a year earlier. The company also had more than 225 stablecoin-linked card programs live globally. Dan Roesbery, Visa’s vice president of global onchain partnerships and go-to-market, said the aim is to give partners “the flexibility to settle on the blockchain networks that best meet their needs.”
The Monad Foundation also said it plans to launch a feature called Private Settlement in the coming months. It would let institutions keep sensitive transaction details private while sharing them with auditors or regulators when needed. The foundation said the feature is built into Monad, so private transactions can use the same liquidity as other transactions without slowing settlement. Keone Hon, co-founder and general manager of the foundation, said whether institutions can keep sensitive flows confidential on open networks will define the next phase.
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