According to COINOTAG News on December 19, Visa‘s Head of Product and Strategy, Jack Forestell, disclosed that the company’s stablecoin settlement pilot has posted an annualized volume of $3.5 billion. The milestone underscores progress in crypto-enabled settlement infrastructure and demonstrates Visa‘s ongoing exploration of digital asset rails to streamline merchant and issuer workflows. The pilot’s design supports scalable liquidity management and operational efficiency within Visa‘s payments network, aligning with broader institutional interest in regulated digital asset settlement.
Through the Circle partnership, Visa‘s U.S. card-issuing and acquiring bank partners can execute settlements seven days a week, delivering around-the-clock liquidity and faster reconciliation for merchants and issuers. The collaboration highlights practical crypto-native settlement enhancements aimed at reducing latency and counterparty risk. As Visa expands its digital-asset toolkit, this pilot’s traction may inform risk controls, compliance considerations, and rollout across global card networks.
Source: https://en.coinotag.com/breakingnews/visas-stablecoin-settlement-pilot-reaches-3-5b-annualized-volume-through-circle-partnership
