Monad joins Visa’s stablecoin settlement network
Key points Visa has added Monad (MON) as an approved network for stablecoin settlement. Participating Visa issuers and acquirers can settle payment obligations using stablecoins on Monad. The integration supports faster settlement, while upcoming privacy features target institutional confidentiality requirements. Monad (MON) has joined Visa Inc's (NYSE:V) stablecoin settlement programme, adding another blockchain payment network. Participating Visa issuers and acquirers can now settle payment obligations using stablecoins on Monad. Visa aims to expand settlement options through multiple blockchain networks supporting stablecoin-enabled payments. The integration allows issuers to move funds across weekends and holidays, reducing reliance on traditional banking schedules. Monad...
