Visa Adds Monad to Stablecoin Settlement Options
Visa has integrated Monad as a stablecoin settlement option for participating issuers and acquirers.
Visa has added Monad as a stablecoin settlement option for participating issuers and acquirers, according to the Monad Foundation. The integration expands the payment giant's underlying network options for digital asset settlement.
Settlement Expansion
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The addition of Monad provides participating financial institutions and acquirers with another network choice when processing stablecoin-based transactions through Visa's infrastructure.
Key Facts
- Visa added Monad as a stablecoin settlement option
- The integration serves participating issuers and acquirers
- The update was announced by the Monad Foundation
Source: theblock.co
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