Key insights
- Visa adds Monad to its stablecoin settlement network, giving participating issuers and acquirers another blockchain option.
- Visa reports a $20 billion annualized stablecoin settlement run rate, more than 15 times higher year over year.
- Monad plans to launch Private Settlement, allowing institutions to protect transaction details while granting access to auditors and regulators.
Stablecoin news centered on Visa’s addition of Monad to its blockchain settlement program on Nov. 10, 2026. The announcement followed Visa’s disclosure of more than $25 billion in annualized stablecoin settlement volume during its October earnings call.
The Monad Foundation said participating Visa issuers and acquirers could use its blockchain to settle payment obligations. However, the announcement named no institutions actively settling through Monad or specific stablecoins supported on the network.
Visa Adds Monad to Its Stablecoin Settlement Network
Visa has added the Monad blockchain to its stablecoin settlement program, allowing participating issuers and acquirers to settle their obligations through the network. The Monad Foundation confirmed the development, which gives Visa partners another option for moving funds through blockchain-based payment systems.
The move places Monad among several networks already supported by Visa. These include Avalanche, Ethereum, Solana, Stellar, Circle’s Arc, Base, Canton, Polygon and Tempo. Visa announced support for the latter five networks in April 2026.
With this addition, Visa continues to expand the number of blockchains available to institutions using stablecoins for settlement. Rather than depending on one network, participating partners can choose from several options based on their needs.
Drawing on the stablecoin news, Dan Roesbery, Visa’s vice president of global onchain partnerships and GTM, said the company wants to give its partners more flexibility when selecting blockchain networks for settlement.
He added that support for Monad expands the choices available to partners and moves Visa closer to building a multi-chain system for stablecoin payments.
The development is also important because blockchain settlement can move funds outside normal banking hours. Traditional card settlement follows a five-business-day banking schedule, while blockchain networks can process transfers during weekends and public holidays.
This gives institutions another way to manage payment obligations without being limited to the usual banking calendar. For Visa, adding Monad provides another network through which eligible partners can settle their obligations using stablecoins.
Visa Stablecoin Settlement Reaches $20 Billion Annual Run Rate
Visa’s latest move comes as the stablecoin settlement business records higher activity. The company reported an annualized stablecoin settlement run rate of $20 billion as of September 2026.
This figure represents growth of more than 15 times compared with the same period a year earlier. Visa also reported that more than 225 stablecoin-linked card programs were live across different parts of the world.
These stablecoin news figures show the growing role of stablecoins in payment services connected to established financial companies. Stablecoins are digital assets designed to maintain a stable value, often through a link to a traditional currency such as the US dollar.
For Visa, the expansion of its network options gives participating institutions more ways to use these assets when settling payment obligations.
Monad’s addition also comes as Visa explores how different blockchains can support financial institutions. The company is not limiting its work to public settlement options, as it has also been looking at ways to protect sensitive transaction information.
Monad Plans Private Settlement Feature for Institutions
Alongside Visa’s support for its network, Monad is developing a feature called Private Settlement. The feature is expected to launch in the coming months and will allow institutions to keep sensitive transaction details private.
According to the Monad Foundation, institutions will still be able to share the required information with auditors and regulators when necessary. The feature is being built directly into the Monad network. This means private transactions will be able to use the same liquidity as other transactions taking place on the blockchain.
Per the stablecoin news, the foundation also said the privacy feature is designed to work without slowing down settlement. This could help institutions manage confidential financial activity while continuing to use an open blockchain network.
Keone Hon, co-founder and general manager of the Monad Foundation, said the next stage of blockchain adoption will depend on whether institutions can keep sensitive financial activity confidential without leaving open networks.
Visa has also been exploring private settlement through Canton. In June 2026, it announced a proof of concept with stablecoin issuer Brale to test settlement using its dollar-backed SBC token. That project focuses on allowing institutions to settle transactions onchain while controlling who can view sensitive payment information.
Monad’s planned feature follows a similar concern, although the foundation has described it as part of its own network development. For now, Visa partners can use Monad as an additional option for stablecoin settlement, while the planned privacy feature remains under development.
This article is for informational purposes only and does not constitute financial, investment, or legal advice. Digital assets and payment technologies carry operational and regulatory risks. Readers should verify official disclosures before making financial decisions.
