In a report published at 22:05 (UTC+8) on November 10, 2026, ChainCatcher, citing The Block, said Visa had added the Monad blockchain to its stablecoin settlement program. Card issuers and acquirers in the program can settle over that network.
The report contrasts this with traditional card settlement, which follows a five-business-day banking calendar. Blockchain settlement, as described there, lets funds move on weekends and holidays. That is a statement about settlement timing across the networks in the program, not a claim that any stablecoin is guaranteed, insured, or always redeemable.
The Monad Foundation said Monad joined blockchains Visa already supported: Avalanche, Ethereum, Solana, Stellar, Circle’s Arc, Base, Canton, Polygon, and Tempo. Support for the last five—Arc, Base, Canton, Polygon, and Tempo—had been announced in April of that year.
Dan Roesbery, Visa’s vice president of global on-chain partnerships and GTM, said the aim is to let partners choose the blockchain that best fits their settlement needs. He described Monad support as a wider set of options and as another step in multi-chain stablecoin payment-settlement infrastructure. Those points are Visa’s stated position, as relayed in the report.
Visa disclosed that, as of September 2026, its stablecoin-settlement annualized run rate was $20 billion, more than 15 times the year-earlier level, and that more than 225 stablecoin-related card programs had launched globally. The report does not split those figures by chain, token, or reserve composition.
Monad was developing an institutional privacy feature called Private Settlement, expected in the months after the November 2026 report. As described, it would let institutions keep sensitive transaction details confidential and share them with auditors or regulators when required. The feature is built directly into Monad; private transactions would use the same liquidity as other transactions on the network and would not slow settlement. At the time of the report, this was a planned feature, not a completed launch.
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.
The report also said Visa had explored privacy settlement on Canton. In June it announced a proof of concept with stablecoin issuer Brale, testing settlement with Brale’s dollar-backed SBC token. A proof of concept is not production settlement and is not an audit of reserves.
Original article: ChainCatcher, citing The Block, November 10, 2026, 22:05 (UTC+8).
