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The Block: Visa Integrates Monad into Stablecoin Settlement Network Options
According to The Block, the Monad Foundation announced that Visa has added Monad as a network option within its stablecoin settlement pilot, allowing participating issuers and acquirers to settle transactions through the network. Visa executives stated that this expands partner choices and is part of the development of multi-chain stablecoin settlement infrastructure. The report also noted that Monad is developing an institutional-facing "Private Settlement" privacy feature expected to launch in the coming months, which is not part of the currently live functionality.
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