Visa announced on April 29 that it is adding five blockchains to its global stablecoin settlement pilot, taking the supported total to nine. The additions are Arc, Base, Canton, Polygon and Tempo.
The release says the pilot has reached a $7 billion annualized settlement run rate, up 50% from the previous quarter. That is an extrapolated rate of activity, not a statement that Visa has already settled $7 billion in stablecoins over a full year.
More networks for institutional settlement
The new networks join Avalanche, Ethereum, Solana and Stellar. Visa says the broader set gives issuers and acquirers more choice in how they settle obligations with the card network.
Different institutions may hold liquidity or run applications on different chains. Supporting several networks can reduce the need to move every payment into one prescribed blockchain environment before settlement.
The announcement does not mean the networks have identical privacy, operating or finality characteristics. A common settlement service can connect them without making their technical designs interchangeable.
Visa describes the expansion as part of a pilot. Support at the program level also does not establish that every partner can use every token on every supported chain.
Settlement remains separate from the card purchase
This work takes place in the infrastructure used by institutions. It is different from asking a consumer to select a blockchain when paying with a card.
Visa connects the expansion with its earlier U.S. USDC settlement rollout and regional pilots. The new development is broader network support, rather than a claim that all Visa transactions now settle in stablecoins.
For treasury teams, the practical value depends on where funds are available and what the end-to-end route requires. Network choice is useful when it matches liquidity and operational needs; it can also introduce more configurations to manage.
The reported run rate offers one measure of adoption, but it does not show the volume handled by each blockchain or the proportion attributable to individual partners.
