According to Polygon Labs, Visa has added the Polygon network to its global stablecoin settlement program. This means Visa partners, including card issuers and payment processors, can settle Polygon-based stablecoin transactions, Polygon Labs explained. In this regard, Polygon Labs emphasized, "Polygon is currently one of the blockchains with the highest proportion of dollar-based stablecoin payments, and it is being utilized for large-scale financial settlements based on its transaction processing speed and low fees."
