Visa adds Monad as stablecoin settlement option for issuers and acquirers
AI summary
Visa has added Monad as a stablecoin settlement option for participating issuers and acquirers, according to the Monad Foundation. The move expands Visa's stablecoin settlement network to include another blockchain, giving Monad a major payments partner. Traders would read institutional payment adoption as a credibility boost for Monad's ecosystem, though the immediate volume impact is unclear.
