Visa integrates Polygon stablecoin settlement, with an annualized scale of $7 billion.

Payments giant Visa has officially integrated Polygon into its global stablecoin settlement program, allowing its card issuers and acquirers to now complete stablecoin settlements via the Polygon network. Polygon states it has become the world's largest USD stablecoin payment network, handling 34% of USD stablecoin transfers and 54% of USDC transfers; it boasts approximately 3.19 million weekly active stablecoin users and an on-chain stablecoin supply of $3.62 billion; and 178.1 million USD stablecoin transactions were completed in March. Visa's stablecoin settlement program achieved an annualized operating scale of $7 billion this quarter, a 50% increase compared to three months ago. Polygon emphasizes that its network features tiered transaction fees for USD and Asia, approximately 4-second transaction confirmation times, and is already being used by institutions such as Stripe, Revolut, Flutterwave, and BlackRock for real-world financial settlements.