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Finance
Visa Broadens Stablecoin Settlement Network as Transaction Volume Reaches $7 Billion
Visa is augmenting its stablecoin capabilities by incorporating support for five more blockchain networks, adopting a multichain strategy for global payments. The company announced on Wednesday that its stablecoin settlement pilot now encompasses nine networks and has achieved an annualized run rate of $7 billion, marking a 50% increase from the previous quarter. This program enables issuers and …
April 29, 2026, 3:11 p.m.
Finance
Visa Broadens Stablecoin Settlement Network as Transaction Volume Reaches $7 Billion
Visa has announced an expansion of its stablecoin initiative by integrating five more blockchain networks, adopting a multichain strategy for global payment processing. The company reported that its stablecoin settlement pilot program now covers nine networks and has achieved a $7 billion annual run rate, representing a 50% increase from the previous quarter. This program enables issuers and acqu…
April 29, 2026, 3:11 p.m.
Finance
Visa Broadens Stablecoin Settlement Network as Transaction Volume Reaches $7 Billion Milestone
Visa is bolstering its stablecoin initiative by integrating five more blockchain platforms, underscoring its commitment to a multichain strategy for international payments. The company announced on Wednesday that its stablecoin settlement pilot program now encompasses nine networks and has attained a $7 billion annual run rate, marking a 50% increase from the previous quarter. This program enable…
April 29, 2026, 3:11 p.m.
Finance
Visa Broadens Its Stablecoin Settlement Network as Transaction Volume Reaches $7 Billion
Visa is further expanding its involvement in stablecoins by integrating support for five additional blockchain networks, adopting a multichain strategy for international payments. The company announced on Wednesday that its stablecoin settlement pilot program now covers nine networks and has achieved an annualized transaction volume of $7 billion, representing a 50% increase from the previous qua…
April 29, 2026, 3:11 p.m.
Finance
Visa Broadens Stablecoin Settlement Network as Transaction Volume Reaches $7 Billion
Visa is bolstering its stablecoin offerings by integrating five additional blockchain networks, adopting a multichain strategy for global payments. The company announced on Wednesday that its stablecoin settlement pilot now covers nine networks, achieving a $7 billion annualized run rate, representing a 50% increase from the previous quarter. This program enables issuers and acquirers to settle t…
April 29, 2026, 3:11 p.m.
Finance
Visa Enhances Stablecoin Settlement Network as Transaction Volume Reaches $7 Billion
Visa has announced the expansion of its stablecoin initiative by integrating five additional blockchains into its settlement pilot, adopting a multichain strategy for international payments. The company revealed on Wednesday that its stablecoin settlement program now covers nine networks, with a $7 billion annual run rate, marking a 50% increase from the previous quarter. This program enables iss…
April 29, 2026, 3:11 p.m.
Finance
Visa Enhances Stablecoin Settlement Network as Transaction Volume Reaches $7 Billion
Visa is bolstering its stablecoin capabilities by incorporating five more blockchain networks into its settlement pilot, adopting a multi-chain strategy for global transactions. The company announced on Wednesday that its stablecoin settlement pilot now encompasses nine networks, with a $7 billion annualized run rate, marking a 50% increase from the previous quarter. This program enables issuers …
April 29, 2026, 3:11 p.m.
Finance
DeFi Demonstrates Resilience After $292 Million Hack, Says Standard Chartered
A recent $292 million hack on April 18 has shaken the DeFi sector, but it has shown its ability to withstand the impact, according to Standard Chartered. The hack, which affected KelpDAO and spilled over into AAVE, the largest DeFi lender, led to a sharp decline in liquidity, with deposits falling by 38% and active loans by 31%. However, the sector's quick response, led by AAVE, has helped stabil…
April 29, 2026, 12:55 p.m.
Finance
DeFi Demonstrates Resilience After $292 Million Hack, Standard Chartered Reports
A recent $292 million exploit on April 18 has not deterred the decentralized finance sector, with investment bank Standard Chartered stating that DeFi is "resilient" despite the attack. The hack, which affected KelpDAO and subsequently AAVE, the largest DeFi lender, led to a significant liquidity crunch, with deposits and active loans plummeting by 38% and 31%, respectively. However, the bank rem…
April 29, 2026, 12:55 p.m.
Finance
DeFi Demonstrates Resilience Following $292 Million Cyber Attack, According to Standard Chartered
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April 29, 2026, 12:55 p.m.