Stablecoins are becoming more established in the payments landscape. And Visa intends to take advantage of this to position itself on the market. The company now connects several blockchains and records a volume that reaches $7 billion. This movement is capturing the attention of the crypto sector. Above all, it revives the debate on the role of fiat in digital exchanges.
In brief
- Visa records an annualized volume of $7 billion via stablecoin payments.
- The company is now integrating Polygon and Base to expand its blockchain infrastructure.
- Its network extends to five crypto blockchains, strengthening settlement capacity and flexibility.
- Stablecoins are attracting a growing number of businesses for international payments.
- This strategy is gradually bringing traditional finance closer to the Web3 ecosystem.
Visa propels stablecoins with volume of $7 billion
Visa is intensifying its efforts around crypto payments. Recently, it launched an AI-linked autonomous shopping platform. On April 29, the group announced an annualized volume of $7 billion via its stablecoin settlement program, according to several consistent sources.
This figure illustrates an adoption that goes beyond the experimental stage. Companies are already using these rails to settle transactions. The system is based on dollar-backed stablecoinscapable of transferring value almost instantly.
The interest remains clear:
- reduction of delays on international payments;
- reduction in crypto transaction costs;
- access to payment available 24/7.
In his official communicationsVisa highlights a simple ambition: modernizing global payments using blockchain. The company is therefore no longer testing. She deploys.
Polygon, Base and five blockchains: Visa is building a multi-chain infrastructure
Visa is no longer limited to a single blockchain. The group now includes five crypto networks, including Polygon and Base. Its main objective: to expand its infrastructure.
This multi-chain approach via stablecoins meets several objectives:
- increase processing capacity;
- improve the flexibility of crypto payments;
- reduce dependence on a single network.
Polygon offers fast and low-cost transactions. Base is already attracting many Web3 projects. Their integration thus strengthens the scope of the program. Above all, this strategy aims large-scale adoption on the business side.
Fiat facing the rise of stablecoins: simple complement or real competition?
Certainly, stablecoins do not yet replace traditional currencies. However, their role is evolving rapidly. The proof: Visa now uses them as a settlement tool, not as a direct substitute for fiat.
The change remains profound. The fact is that businesses can now transfer funds without going through traditional banking channels. This development modifies the logic of cross-border payments.
Stablecoins provide:
- payment programmability;
- increased transparency via blockchain;
- interoperability between crypto platforms.
Visa is part of this transformation. Concretely, the group explores a hybrid modelmixing traditional finance and crypto infrastructure.
In any case, stablecoins are gaining ground in global payments. Visa is accelerating and laying the foundations for a new standard. What happens next will depend on institutional adoption and the response of traditional financial systems.
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