Visa Tests Private Stablecoin Settlement on Canton Network

Visa Tests Private Stablecoin Settlement on Canton Network

Visa is testing private stablecoin settlement on the Canton Network with Brale, exploring whether institutions can use blockchain infrastructure without exposing sensitive transaction data.

Visa tests private stablecoin settlement on Canton Network with Brale SBC

Visa has tested stablecoin settlement using Brale’s SBC token on the Canton Network, as global stablecoin issuance has surpassed $300 billion, according to S&P Global Ratings. According to a joint announcement from Visa, Brale, and Canton Network participants, the companies…

Visa and Brale Test Private Stablecoin Settlement Network

Visa has launched a proof-of-concept initiative in partnership with Brale, a provider of stablecoin infrastructure, to explore private blockchain-based settlement for institutional payment flows. The project will utilize SBC, a U.S. dollar-backed stablecoin issued by Brale, on the Canton Network, with the goal of evaluating whether privacy-focused blockchain infrastructure can support enterprise-grade settlement requirements. The initiative refl…

Visa and Brale Explore Stablecoin Settlement for Institutional Payments

Visa announced on June 4th a collaboration with Brale to explore stablecoin-based settlement using SBC, a U.S. dollar-backed stablecoin issued by Brale, on the Canton Network. The proof of concept will evaluate how privacy-enabled blockchain infrastructure can support faster, more programmable settlement while helping financial institutions and payment companies maintain control over the visibility of sensitive settlement transaction data. Visa …

Visa Bets on Brale's SBC Stablecoin to Settle Payments on Canton Network

Visa is running a live trial. It’s testing whether a dollar-backed stablecoin can handle institutional payment settlements on a private… Read the original on Visa Bets on Brale’s SBC Stablecoin to Settle Payments on Canton Network. For more crypto news and analysis, visit TheCurrencyAnalytics.com.