Shares in Twenty One Capital on Wednesday surged after hours. Source: Google Finance
Global payments giant Visa has expanded its stablecoin settlement pilot to include Polygon and four other blockchain networks, signaling continued experimentation with crypto-based payment infrastructure.
The pilot, launched by Visa in 2023, allows partners to settle transactions using stablecoins rather than trad...
The expansion of Visa’s stablecoin pilot and MoonPay’s institutional push reflect a broader trend of traditional finance cautiously embracing blockchain-based payment infrastructure. Visa’s move signals confidence in stablecoins for faster, cross-border settlements, though the $7 billion run rate remains a fraction of its core business—a pragmatic acknowledgment of both potential and current limitations. MoonPay’s acquisition of Sodot underscores the growing demand for institutional-grade securi...