Visa has included Polygon in its global stablecoin settlement program, with annualized settlement volume reaching $7 billion.

According to Mars Finance, Visa has officially included Polygon in its global Stablecoin Settlement Program. Visa partners, including card issuers and acquirers, can now complete stablecoin settlements through the Polygon network. Polygon states that it is now the world's largest USD stablecoin payment network. According to data from Allium and Dune: 34% of USD stablecoin transfers occur on Polygon, more than double that of BNB Chain; 54% of USDC transfers occur on Polygon, higher than the total of all other chains combined; 36% of global USDC transactions run on Polygon; Polygon currently has approximately 3.19 million weekly active stablecoin users; the on-chain stablecoin supply reached a record high of $3.62 billion; and the number of USD stablecoin transactions in March reached 178.1 million. Visa stated that its stablecoin settlement program's annualized operating scale reached $7 billion this quarter, a 50% increase compared to three months ago. Polygon emphasizes that its network features tiered transaction fees for Asian and American transactions, approximately 4-second final transaction confirmation time, and has been used by institutions such as Stripe, Revolut, Flutterwave, and BlackRock for settlement of real financial activities.