Visa has added Monad to the blockchain networks available for stablecoin settlement by participating card issuers and acquirers, according to a ChainCatcher report citing The Block. This is a settlement option for program participants, not a change to the backing or redemption terms of any stablecoin.
In its November 10, 2026, 22:05 (UTC+8) report, ChainCatcher said the Monad Foundation listed Avalanche, Ethereum, Solana, Stellar, Circle’s Arc, Base, Canton, Polygon and Tempo among the networks Visa already supported. Support for the last five was announced in April 2026. Visa’s vice president of global on-chain partnerships and go-to-market, Dan Roesbery, said adding Monad gives partners another network choice as Visa builds multichain stablecoin settlement infrastructure.
Blockchain settlement can move funds on weekends and holidays, unlike traditional card settlement tied to a five-business-day banking schedule. Visa said that, as of September 2026, its stablecoin settlement annualized run rate was $20 billion, more than 15 times its level a year earlier, and that more than 225 stablecoin-related card programs were live globally. An annualized run rate is not the same as settled volume for a completed year.
Monad is developing a feature called Private Settlement for institutions. The foundation expects it to launch in the coming months and says it would let institutions keep sensitive transaction details private while sharing them with auditors or regulators when needed. Its claims that private transactions could use the network’s existing liquidity without slowing settlement describe a feature still in development. Visa had also announced a June 2026 proof of concept with stablecoin issuer Brale to test settlement using its dollar-backed SBC token on Canton.