Visa Stablecoin Settlement Adds Monad Blockchain for Issuer Options

Visa added the Monad blockchain to its stablecoin settlement program on November 10, 2026. The Monad Foundation announced the change, which lets participating card issuers and acquirers settle obligations with Visa using stablecoins on the network. The move extends existing options that already cover nine other blockchains.

Program Details and Network Capabilities

The addition gives issuers a tenth settlement network alongside Avalanche, Ethereum, Solana, Stellar, Circle’s Arc, Base, Canton, Polygon, and Tempo. The five networks added in April 2026 completed the prior expansion round. Visa itself has not released a separate statement confirming the update.

Monad is described as a high-throughput EVM-compatible Layer 1 blockchain. Settlement on the network runs 24 hours a day, seven days a week, including weekends and holidays. Traditional card settlement remains limited to a standard five-business-day banking schedule. No specific stablecoins or transaction volumes tied to Monad have been disclosed.

Visa VP Dan Roesbery noted the objective is to provide partners with flexibility to select networks that match their operational requirements. The company continues to build multi-chain settlement infrastructure for stablecoin-enabled payments. No immediate changes affect merchants or cardholders, as the feature remains a back-office tool for institutions.

Market Context and Upcoming Features

Visa reported an annualized stablecoin settlement run rate of $25 billion as of September 2026. That figure reflects roughly tenfold growth from the prior year. More than 225 stablecoin-linked card programs operate globally. Earlier checkpoints showed an approximately $7 billion run rate in April 2026 and more than $20 billion by September.

Monad plans to introduce a Private Settlement privacy feature in the coming months. The tool will keep settlement details confidential for institutions while still allowing auditors and regulators access. The feature is designed to preserve liquidity and transaction speed on the network.

Actual usage volumes and the list of supported stablecoins on Monad will depend on decisions by participating issuers and acquirers. The program currently processes stablecoin flows without altering the front-end experience for consumers or merchants. Institutions can now evaluate Monad against the nine previously supported chains when planning settlement workflows.