TechFlow News, March 26: According to The Block, Visa has been selected as a Super Validator on the Canton Network—marking Visa’s first submission and approval of a blockchain governance proposal.
Visa submitted its application on March 20 and received approval on March 23, earning the highest Super Validator weight of 10. Visa stated it will leverage this role to help institutions integrate Canton into real-world business use cases—including payments, settlements, and treasury management—and plans to expand its stablecoin business using Canton’s payment layer.
The Canton Network currently has 42 Super Validators and a total of 849 validators, generating approximately $2.3 million in daily fee revenue. Participating institutions include BNP Paribas, Goldman Sachs, DTCC, Nasdaq, Circle, and Paxos.
