Visa expands stablecoin settlement, adds Monad
Visa is widening its stablecoin settlement network to weekends and holidays and, per The Block, adding Monad as a supported chain.
What we know
The Block reports exclusively that Visa added Monad to its stablecoin settlement network options. Crypto news accounts say the expansion allows transactions on weekends and holidays. Monad supporters pointed to the chain's performance during the volatility. The Block also reported Polymarket's annualized revenue topped $1.8B.
How the story developed
Visa is widening its stablecoin settlement network to weekends and holidays and, per The Block, adding Monad as a supported chain.
Visa added Monad to its stablecoin settlement options, Polymarket revenue is surging and Ripple Prime's head is stepping down.
Hidden Road founder Marc Asch will leave his Ripple Prime role at year-end, with Noel Kimmel taking over.
Sources
“Visa adds Monad to stablecoin settlement network options”
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“Visa expands crypto stablecoin settlements network”
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