Visa adds Monad as an option for stablecoin settlement

Visa has added the Monad blockchain as a network where participating card issuers and acquirers can settle obligations in stablecoins, giving its financial partners another way to move money after card payments are processed. The Monad Foundation announcement on GlobeNewswire says the option was added on Nov. 10.

Settlement is the transfer of funds between financial institutions after a payment. The change concerns that behind-the-scenes process; it does not add a new checkout option for shoppers. The release says Visa cardholders and merchants will continue to have the same experience.

What can Visa partners do on Monad?

Participating issuers and acquirers can now settle Visa obligations in stablecoins on Monad. A stablecoin is a crypto token designed to hold a steady value, often by tracking a currency such as the US dollar. The announcement does not name which stablecoins will be used or identify any participating financial institutions.

Monad is compatible with the Ethereum Virtual Machine, the software environment used by Ethereum apps. The Foundation says partners already using Ethereum-based custody, wallet and compliance tools can typically extend those integrations to Monad instead of building new ones. It also says Monad transactions reach finality in less than a second, meaning they are treated as settled shortly after submission.

How large is Visa’s stablecoin settlement program?

Visa reported an annualized stablecoin settlement run rate of $25 billion as of September 2026, up roughly 10 times from a year earlier, according to the Foundation’s release. Visa also reported more than 225 stablecoin-linked card programs live around the world.

The run rate is an annual estimate based on recent activity, not a statement that Visa settled $25 billion on Monad. The figure covers Visa’s stablecoin settlement activity across its networks. The Unchained report also notes that neither the Foundation nor Visa named Monad’s participating issuers or acquirers.

When will Monad’s privacy feature be available?

Monad’s Private Settlement feature is planned for the coming months, the Foundation says. It is designed to keep commercially sensitive payment details confidential while allowing institutions to share them with auditors and regulators. The feature is not yet live for Visa partners.

Visa’s Dan Roesbery, vice president of global onchain partnerships and go-to-market, said the addition gives partners more network options and supports Visa’s effort to build multi-chain settlement infrastructure. The announcement describes a new route for financial institutions to settle with Visa; it does not say Monad will change how card payments work for consumers.

References

• Monad Foundation announcement on GlobeNewswire — globenewswire.com
• Unchained report — unchainedcrypto.com