Trusted independent reportCross-border relevantPublication date verified
Glenbrook Payments News
Visa Joins MAS-Led BLOOM Initiative to Connect Traditional Payments and Stablecoin Networks
WHAT HAPPENED
Visa announced that it joined the Monetary Authority of Singapore-led BLOOM initiative, with Nium as Visa's first partner to pilot stablecoin settlement under the program. The companies say the pilot will explore cross-border settlement seven days a week, including weekends and public holidays, while connecting Visa's payment network with regulated U.S.-dollar- and euro-denominated stablecoins.
PUBLISHED August 25, 2026SOURCE Glenbrook Payments NewsLANE Web3 & stablecoin payments
KEY FIGURES
7 days a week
Settlement availability being explored
WHAT TO WATCH NEXT
Watch whether follow-up sources disclose named launch markets, supported currencies, live customers, and transaction volume. Also confirm the regulatory setup for the stablecoin, custody, and fiat on/off ramps.
First-party Visa announcement distributed by PR Newswire. It establishes participation and pilot intent, not production availability or achieved results; all expected efficiency, timing and interoperability benefits remain company projections until measured.
The page already presents the summary and analysis. This section keeps only the copy, download, and technical source record without repeating the same reading view.
View technical text
# Visa Joins MAS-Led BLOOM Initiative to Connect Traditional Payments and Stablecoin Networks
> Evidence tier: B1
> Evidence type: First-party Visa announcement distributed by PR Newswire
> Source: [Glenbrook Payments News](https://www.prnewswire.com/apac/news-releases/visa-joins-mas-led-bloom-initiative-to-connect-traditional-payments-and-stablecoin-networks-302858205.html)
> Published: 2026-08-25
> Captured: 2026-08-26T01:42:43.412Z
## Source summary
Visa announced that it joined the Monetary Authority of Singapore-led BLOOM initiative, with Nium as Visa's first partner to pilot stablecoin settlement under the program. The companies say the pilot will explore cross-border settlement seven days a week, including weekends and public holidays, while connecting Visa's payment network with regulated U.S.-dollar- and euro-denominated stablecoins.
## Why it matters
The pilot directly tests interoperability between traditional payment infrastructure and stablecoin settlement for cross-border flows outside normal business days. It remains a pilot rather than a broad production rollout: the release does not name the stablecoins, participating financial institutions, exact corridors, start date, achieved settlement time, volume, cost savings, failure rates or customer availability.
## Key numbers
- **Settlement availability being explored:** 7 days a week
## Topics and entities
- Industry lane: Web3 & stablecoin payments
- Entities: Visa / Nium / Monetary Authority of Singapore
- Web3 payments
- Cross-border payments
- Payment infrastructure
## Evidence and credibility note
First-party Visa announcement distributed by PR Newswire. It establishes participation and pilot intent, not production availability or achieved results; all expected efficiency, timing and interoperability benefits remain company projections until measured.
Date evidence: Automatically verified from date meta: 2026-08-25T01:00:00+01:00
## First-party corroboration
No directly corresponding A1 company announcement is currently linked.
## Original-source traceback
[Open the original Glenbrook Payments News report](https://www.prnewswire.com/apac/news-releases/visa-joins-mas-led-bloom-initiative-to-connect-traditional-payments-and-stablecoin-networks-302858205.html)
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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.