Stablecoin settlement
Coverage of Stablecoin settlement in the Nexus archive.
- Visa adds Polygon, Base support as stablecoin settlement run rate hits $7B
Visa expands its crypto pilot program to nine blockchains, including Polygon and Base, as stablecoin settlement volumes reach a $7 billion run rate, indicating growing adoption of blockchain-based global payments.
- Visa stablecoin settlement hits $7 billion run rate as pilot expands to nine blockchains
Visa expanded its stablecoin settlement pilot to nine blockchains, achieving a $7 billion annualized volume with a 50% quarter-over-quarter increase.
- Crypto rotation is improving, but Bitcoin is still the anchor
Crypto rotation is showing selective improvement with NFTs and stablecoin infrastructure gaining attention, but Bitcoin remains dominant at 58.2% despite a slight dip. Elevated volatility and DeFi bad-debt issues suggest caution, indicating sector strength rather than a broad market recovery.
- How Mastercard plans to settle card payments with stablecoins
Mastercard is testing stablecoin settlement using SoFiUSD to accelerate card transaction clearing. This initiative aims to bridge traditional finance and blockchain technology.