Visa includes Polygon in its global stablecoin settlement plan

According to Visa's announcement, Polygon has been officially included in its global stablecoin settlement program, and partners can complete stablecoin settlements through the Polygon network. Visa stated that the annualized operational scale of the program reached $7 billion this quarter, an increase of 50% compared to three months ago. Polygon claims that its network has Asia US graded transaction fees, a final confirmation time of about 4 seconds for transactions, and is used for financial settlements by institutions such as Stripe, Revolut, Flutterwave, and BlackRock.