Monad Joins Visa’s Stablecoin Settlement Program

SAN FRANCISCO, Nov. 10, 2026 (GLOBE NEWSWIRE) -- The Monad Foundation today announced that Visa, a world leader in digital payments, has added support for the Monad network as a stablecoin settlement network. With the addition of Monad as an option for settlement over a blockchain, participating Visa issuers and acquirers gain another way to settle with the speed and scale global payments demand, and the open access of a permissionless network, while also benefiting in coming months from privacy functionality designed to keep commercially sensitive details confidential.

Card settlement has traditionally run on a five-business-day schedule over banking rails. As of September 2026, Visa reported a $25 billion annualized stablecoin settlement run rate, up roughly 10x year over year, alongside more than 225+ stablecoin-linked card programs live globally.

“Our goal is to give our partners the flexibility to settle on the blockchain networks that best meet their needs,” said Dan Roesbery, Vice President, Global Onchain Partnerships & GTM, Visa. “Adding support for Monad expands the options available to our partners and is another step toward building a multi-chain settlement infrastructure for stablecoin-enabled payments.”

For card issuers, stablecoin settlement on Monad can reduce the operational friction of converting between stablecoins and fiat while enabling funds to move across weekends and holidays. Because Monad is fully EVM-compatible, issuers and acquirers already using Ethereum-based custody, wallet, and compliance tooling can typically extend those integrations to Monad rather than building new ones. Sub-second finality enables transactions to be settled moments after submission, giving acquirers more predictable settlement cycles.

For banks and other financial institutions, confidentiality is often the barrier to settling onchain. Monad’s Private Settlement will enable institutions to keep those details confidential while retaining the ability to share them with auditors and regulators. The functionality is designed to run directly on the network so private activity can remain connected to the same liquidity as everything else on the network. Monad's performance headroom means privacy does not need to come at the cost of settlement speed. For merchants and cardholders, the Visa experience remains familiar, while faster, always-on settlement on Monad takes place behind the scenes.

“Stablecoins are increasingly becoming part of the infrastructure that institutions use to move money, and settlement is where the benefits of always available onchain infrastructure become especially clear," said Keone Hon, Co-Founder and GM, Monad Foundation. "The next phase will be defined by whether institutions can keep sensitive flows confidential without leaving open networks, and the addition of Monad to Visa’s stablecoin settlement program, together with the privacy functionality being developed on Monad, represents a meaningful step in that direction.”

About Monad Foundation
The Monad Foundation is an independent organization that supports the development, adoption, and growth of the Monad blockchain network, a high-performance, institutional-grade Layer 1 blockchain purpose-built to power the financial layer of the internet. The Monad Foundation supports open-source research, developer grants, and ecosystem initiatives that push the boundaries of decentralized computing.

About Monad
Monad is a high-performance, institutional-grade Layer 1 blockchain enabling the future of the EVM. Fully EVM-compatible, Monad delivers 10,000 TPS, 400ms block times, 800ms finality, and near-zero fees — without requiring specialised hardware. The network runs on consumer-grade machines, supporting accessible participation and decentralized network operation: over 200 independently operated validators across 30+ countries and 55+ cities secure the chain today.

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