Visa announced that it has become a super validator for the Canton Network
Visa announced that it will join the Canton Network, becoming the first major global payment company to serve as a super validator. Visa will be one of 40 super validators, helping banks and financial institutions move payment flows on-chain.
Rubail Birwadker, Head of Global Growth Products and Strategic Partnerships at Visa, stated: "Many banks see the lack of privacy as a fatal flaw in moving meaningful activities on-chain. By operating as a super validator on the Canton Network, we bring Visa-level trust, governance, and operational rigor to a privacy-preserving blockchain infrastructure, enabling regulated financial institutions to move payments on-chain without having to rethink how they operate."
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