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Visa and Brale’s Stablecoin Proof of Concept on the Canton Network

US-based regulated stablecoin issuer Brale is working with Visa on a proof-of-concept test of stablecoin-based settlements between financial institutions and payment companies. Settlement will occur on the Canton Network, a blockchain built specifically for regulated financial institutions. Other parties in the Visa proof of concept (POC) include card issuer Rain and payment service provider Coinflow. The Canton Network provides transaction-level privacy not found on other public blockchains, such as Ethereum, Solana, Cardano and Polygon, which are decentralized and open source. On the Cant...

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© Copyright 2026 Nilson Report

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Nilson Report

1310

July 2026
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Articles in this Issue

S2M Card Processing
Top 30 Issuers of Mastercard and Visa Consumer Card Products in the US 2026
Visa and Brale’s Stablecoin Proof of Concept on the Canton Network
Europe’s Top Issuers of Commercial Credit Cards
Real-Time Risk Intelligence Fights Synthetic Fraud
Yabie Software Platform
Global Network Card Results Worldwide — 2025

Charts, Tables and Graphs in this Issue

Available only to subscribers

Results for Global Brand Card Networks Worldwide in 2025 (By Purchase Transactions)

Purchase Volume by Product (Global Network Card Results Worldwide — 2025)

Global Network Cards in Circulation (with Debit vs. Credit Market Shares)

2025 Global Network Cards Purchase Transactions by Product

2025 Global Credit Cards

2025 Global Debit & Prepaid Cards

Global Network Cards Worldwide 2025

Europe’s Top Issuers of Commercial Credit Cards 2025

Europe’s Purchasing and Fleet Cards 2025

Europe’s Corporate Cards 2025

Europe’s Small Business Credit Cards

Purchase Volume by Product Type (Europe 2025)

Largest Mastercard and Visa Consumer Credit and Debit Card Issuers 2025

Payment Companies Traded on Stock Markets (June 2026)