Visa is testing if privacy-focused blockchain systems can support stablecoin settlements for institutions. The new project, involving Brale and the Canton Network, is part of Visa’s ongoing push to bring blockchain technology into mainstream finance.
The project uses Brale’s dollar-backed stablecoin, SBC, to simulate institutional payments on the Canton Network. Visa is considering if this stablecoin could become part of its larger settlement system.
Canton is different from public blockchains because it is built for financial institutions that need more privacy. Only authorized users and regulators can see transaction details, so institutions get the benefits of blockchain without sharing sensitive information.
This experiment builds on Visa’s earlier work with stablecoin settlements, like using USDC on Ethereum. The new project focuses more on what institutions need, especially privacy and compliance.
Interest in stablecoins is growing worldwide. Analysts think stablecoins will be used not just for crypto trading, but also for cross-border payments, remittances, and business transactions as regulations develop.
Financial institutions are watching these changes closely because stablecoins could change how payments work. Banks are also looking for ways to join the new ecosystem, such as using tokenized deposits and digital payment systems. Visa’s latest project shows how traditional finance and blockchain technology are coming together.
We’re just getting started. I’m so excited for our partnership with @Visa and @cuysheffield:https://t.co/BLtWku0m1J
canton-network:native
— Yuval Rooz (@YuvalRooz) June 5, 2026
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