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Crypto DeFi

Visa adds Monad to stablecoin settlement network options

Visa has added Monad as a stablecoin settlement option for participating issuers and acquirers, the Monad Foundation said. The addition gives Visa’s settlement participants another blockchain network for settling stablecoin transactions alongside the payment company’s existing options.

Original source

AI take

Visa's willingness to keep widening its stablecoin settlement rails matters less as an endorsement of any single chain than as a signal that the card network is hedging across ecosystems rather than standardizing on one. The practical effect lands on issuers and acquirers, who gain another settlement venue to evaluate for liquidity, compliance and operational fit. Whether Monad sees genuine settlement volume, or remains one option among many on a growing list, is the open question worth watching.

Generated by AI for reference only.

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