PANews reported on April 30th that, according to Decrypt, Visa has expanded its global stablecoin settlement pilot to five new networks: Arc, Base, Canton, Polygon, and Tempo, bringing the total number of supported networks to nine. Visa's annualized blockchain settlement operations have reached $7 billion, a 50% quarter-over-quarter increase. Visa stated that its partners are building in multi-chain environments and expect its options to reflect this reality.

Visa currently operates over 130 stablecoin-linked card projects in more than 50 countries. Previously, Visa supported the Ethereum, Solana, Avalanche, and Stellar networks.