Visa partners with Brale to explore private stablecoin settlement

Odaily reported that payments giant Visa has announced a partnership with Brale to explore the feasibility of using Brale’s US dollar-pegged stablecoin, SBC, for institutional payment settlements on the Canton Network. This proof of concept aims to assess how privacy-preserving blockchain infrastructure can support faster and programmable settlement, while helping financial institutions and payment companies control the visibility of sensitive transaction data. (Businesswire)