Visa tests private stablecoin settlement on Canton with Brale. The question is why?
Visa announced a proof of concept with Brale to explore settlement using SBC, a dollar-backed stablecoin issued by a Brale affiliate. The settlement testing takes place on the Canton Network. The text does not provide further details on the rationale or scope of the pilot.
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The proof of concept puts Visa settlement flows on Digital Asset's Canton Network — the privacy-focused institutional chain DTCC picked for tokenization in December 2025 — using Brale's dollar-backed SBC stablecoin.
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