ChainCatcher reported on 10 November 2026, citing The Block, that Visa has added the Monad blockchain to its stablecoin settlement program. Card issuers and acquirers in the program can settle over that network.
The Monad Foundation said Monad joins chains Visa already supports for the program: Avalanche, Ethereum, Solana, Stellar, Circle’s Arc, Base, Canton, Polygon and Tempo. Support for Arc, Base, Canton, Polygon and Tempo was announced in April 2026.
Traditional card settlement follows a five-business-day banking calendar. Settlement on these blockchains can move funds on weekends and holidays.
Dan Roesbery, Visa’s vice president of global on-chain partnerships and go-to-market, said the aim is to let partners choose the blockchain that best fits their settlement needs. He described adding Monad as widening those options and as another step in building multi-chain stablecoin payment settlement infrastructure.
Visa said that, as of September 2026, its stablecoin settlement annualized run rate was $20 billion, more than 15 times the level a year earlier, and that more than 225 stablecoin-related card programs were live worldwide.
Monad is developing an institutional privacy feature called Private Settlement, which it expects to launch in the months following this report. The feature is intended to let institutions keep sensitive transaction details confidential while sharing those details with auditors or regulators when required. The Monad Foundation says the feature is built directly into Monad, so private transactions can use the same liquidity as other transactions on the network and are not meant to slow settlement.
Keone Hon, co-founder and general manager of the Monad Foundation, said the next stage depends on whether institutions can keep sensitive fund flows confidential without leaving an open network.
Visa had earlier explored privacy settlement on Canton. In June 2026 it announced a proof of concept with stablecoin issuer Brale to test settlement using Brale’s dollar-backed SBC token.
Original report: ChainCatcher
