Visa Canada partners with Wealthsimple on USDC stablecoin settlement pilot in Canada

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  • Visa Inc. entered collaboration with Wealthsimple to pilot stablecoin settlement in Canada, first such rollout in Visa program for Canadian market.
  • Pilot lets Wealthsimple meet certain settlement obligations with Visa Canada using USD Coin (USDC), extending Visa stablecoin settlement capability into Canada.
  • Program targets more continuous settlement, including seven-day settlement, while integrating blockchain-based settlement with existing Visa payment infrastructure.
  • Move follows Visa global stablecoin settlement activity that has surpassed USD 7 billion annualized run-rate in settlement volume.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Visa Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605051030PRIMZONEFULLFEED9713311) on May 05, 2026, and is solely responsible for the information contained therein.