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Visa Approves Its First Blockchain Governance Proposal, Joining Canton Network as Super Validator

Visa becomes one of 40 Super Validators on the Canton Network, supporting privacy-focused blockchain payments and governance with $9 trillion monthly volume, officials said.

  • On Wednesday, Visa announced its selection as a Super Validator on the Canton Network, marking the first time the payments giant's legal and compliance teams formally approved a blockchain governance proposal.
  • Privacy and compliance concerns previously led many financial institutions to avoid public blockchains, but Canton offers a permissionless infrastructure designed specifically for regulated institutional use with built-in confidentiality.
  • Visa received the highest Super Validator Weight of 10, joining DTCC, JPMorgan, and Goldman Sachs on the network that processes more than $9 trillion in monthly volume across 849 validators.
  • This role grants Visa voting power on network governance decisions while reinforcing its broader stablecoin strategy, which includes an annualized settlement run rate of $4.6 billion globally.
  • Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships at Visa, noted that "many banks see the lack of privacy as a dealbreaker" for blockchain adoption at scale.
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Visa's explicit goal is to implement privacy-preserving on-chain payments. Read more

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Business Wire broke the news in Crystal River, United States on Wednesday, March 25, 2026.
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