Visa will join the Canton Network as a super validator, marking the first time a major global payments company has assumed this role. The move places Visa among about 40 super validators responsible for maintaining and securing the network, and it grants voting rights on network decisions. Visa will apply its governance and operational standards to support clients using the Canton Network for services such as stablecoin payments, settlement, and treasury management.
Canton Network is designed for regulated finance and includes privacy features that allow financial institutions to use shared blockchain infrastructure without disclosing sensitive information. The privacy model supports practical use cases such as payroll processing and secure trading strategies, while enabling different applications and assets to interact on a single network. Visa’s involvement aims to deliver privacy-preserving blockchain solutions for banks and other regulated entities, addressing concerns about transparency and data privacy.
Visa Growth Products and Strategic Partnerships global head Rubail Birwadker said that many banks see lack of privacy as a dealbreaker for moving meaningful activity onchain. He added that by operating as a Super Validator on Canton Network, Visa brings governance and operational rigor to privacy-preserving infrastructure so regulated financial institutions can bring payments onchain without rethinking how they operate. Recently, Visa launched its Visa Intelligent Authorisation (VIA) solution in Europe, expanding the capabilities of the Visa Acceptance Platform for payment acquirers across the region. The company plans to collaborate with financial institutions as they integrate the Canton Network with their current systems for payments, settlement, and treasury functions.
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