SAN FRANCISCO, June 4, 2026 — Visa announced a collaboration with Brale to explore stablecoin-based settlement using SBC, a U.S. dollar-backed stablecoin issued by Brale, on the Canton Network. The proof of concept evaluates how privacy-enabled blockchain infrastructure can support faster, more programmable settlement while helping financial institutions maintain control over sensitive transaction data visibility.
Visa began enabling stablecoin settlement in 2021 and continues expanding capabilities across nine blockchains. Canton Network’s privacy architecture allows participants to transact on shared infrastructure while limiting visibility of sensitive transaction information.
Through the collaboration, Visa plans to evaluate SBC as an additional stablecoin option for institutional settlement. SBC is natively supported on Canton Network.
“Financial institutions are increasingly looking for stablecoin infrastructure that meets their operational, regulatory, and privacy requirements,” said Ben Milne, founder and CEO of Brale.