Visa's Stablecoin Settlement Pilot Project Reaches $3.5 Billion in Annualized Settlement Volume

BlockBeats News, December 19, Visa's Head of Product and Strategy, Jack Forestell, announced that Visa's stablecoin settlement pilot project has reached an annualized settlement volume of $3.5 billion.

Through a partnership with Circle, Visa's U.S. card-issuing and acquiring bank partners can achieve 7-day-a-week settlement.