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.
18 Articles
18 Articles
Visa Approves Its First Blockchain Governance Proposal, Joining Canton Network as Super Validator
Visa announced Wednesday it has been selected as a Super Validator on the Canton Network, marking the first time the payments giant’s legal and compliance teams have formally approved a blockchain governance proposal. The company was granted the highest Super Validator Weight of 10, three days after submitting its application. The Super Validator role gives Visa a vote in Canton’s governance decisions and a commitment to help financial instituti…
Visa to Bring Privacy-Preserving Payments to Canton Network
SAN FRANCISCO -- Visa (NYSE:V), a global leader in digital payments, today announced it will join the Canton Network as the first major global payments company to serve as a Super Validator, to help extend privacy‑preserving blockchain infrastructure to banks and financial institutions around the world. Visa will be one of 40 Super Validators on Canton.
Canton price edges higher as Visa super validator news lifts RWA L1
Canton price is grinding around $0.14 as Visa’s move to become a super validator sharpens the network’s positioning as an institutional, real‑world‑asset settlement chain. Canton (CC), the native asset of the Canton Network, is changing hands near $0.14 today after…
Canton ($CC) Rises as Visa Joins Network as Super Validator
Canton Network price climbed to $0.141, outperforming a weak market as Visa joined its network as a super-validator, boosting institutional confidence. Trading volume jumped nearly 20%, reflecting strong buyer interest following the announcement and growing attention toward Canton’s enterprise-focused blockchain model. Price now tests key resistance near its 50-day EMA, with a breakout opening the path to $0.20, while failure to hold $0.14 could…
Visa's explicit goal is to implement privacy-preserving on-chain payments. Read more
Visa Joins Canton Network to Support Onchain Payment Flows
Visa will join the Canton Network as a Super Validator, becoming the first payments firm to take on the role. The company said it will be one of 40 Super Validators on the blockchain network, which is built for regulated finance and designed to keep sensitive data private. Visa said it will help support operations on Canton Network as banks and financial institutions explore onchain payment flows, including stablecoin payments, settlement and tr…
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