Visa stablecoin settlement pilot surpasses $3.5 billion annualized, achieving full-cycle clearing in collaboration with Circle

【Crypto World】Payment giant Visa’s stablecoin settlement project shows new progress.

Recently, Visa’s head of product and strategy publicly disclosed that the company’s stablecoin settlement pilot has reached an annualized settlement volume of $3.5 billion. This figure reflects the actual recognition of stablecoin applications by traditional financial infrastructure. More notably, the deepening partnership with Circle—through this scheme, Visa’s card-issuing banks and acquirer partners in the US can now achieve 24/7, round-the-clock settlements, breaking the limitations of traditional banking hours.

This is not only a technological breakthrough but also a signal: stablecoins are gradually evolving from proof-of-concept to practical tools for payment and clearing. For institutions concerned with liquidity and settlement efficiency, this 24/7 settlement capability indeed changes the game.