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Visa and Brale test private stablecoin settlement on Canton Network for secure institutional payments

Protocol Fundamentals
05 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Visa and Brale are collaborating on a proof-of-concept to use Brale's USD-backed stablecoin, SBC, for institutional payments on the Canton Network, which offers privacy by restricting transaction visibility to involved parties only. This effort aims to explore whether privacy-preserving stablecoins can securely settle institutional transactions without exposing sensitive data. The Canton Network's native integration avoids bridging vulnerabilities common in multi-chain setups. While still in testing with no production timeline, this project highlights Visa's ongoing commitment to programmable, private stablecoin settlements for institutions.

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