Coolcaesar / Wikimedia Commons / CC BY 4.0
Visa has added the Monad blockchain as an option for stablecoin settlement, allowing participating card issuers and acquirers to settle Visa obligations on the network, the Monad Foundation announced Tuesday.
The foundation’s announcement, released today at 10:47 a.m. Eastern, describes a back-end payment-settlement arrangement. It does not mean cardholders must pay in cryptocurrency or merchants must accept tokens.
“Adding support for Monad expands the options available to our partners and is another step toward building a multi-chain settlement infrastructure for stablecoin-enabled payments,” Visa Vice President Dan Roesbery said in the release.
The foundation said participating issuers and acquirers can now settle Visa obligations in stablecoins on Monad. The announcement did not identify participating banks or name particular stablecoin tickers.
Monad is compatible with the Ethereum Virtual Machine, according to the foundation, which said that compatibility can let institutions extend existing Ethereum-based custody, wallet and compliance systems to the network. The foundation also said the settlement arrangement can support transfers across weekends and holidays.
Privacy functionality is still being developed. The release says features intended to keep commercially sensitive settlement details confidential are expected in the coming months, rather than available at launch.
The release cites Visa’s reported $25 billion annualized stablecoin settlement run rate as of September 2026. That is Visa’s program-level figure, not a measure of settlement already processed on Monad or a forecast of Monad transaction volume.
For merchants and cardholders, the announcement says the familiar Visa experience remains in place while settlement takes place behind the scenes.
JBizNews Desk | Crypto & Business
© JBizNews.com. All rights reserved. Unauthorized reproduction or redistribution is strictly prohibited.
