Visa Partners with Brale to Test SBC Settlements on Canton Network

Visa has partnered with fintech infrastructure provider Brale to explore stablecoin-based settlement solutions on the Canton Network. The collaboration involves a proof-of-concept project evaluating the use of SBC, a USD-backed stablecoin issued by a Brale affiliate, as a new settlement option within Visa's payment network. The initiative aims to leverage the privacy and interoperability features of the Canton Network to facilitate programmable, compliant, and institutional-grade payments.