Visa participates in blockchain governance for the first time, joining the Canton Network as a super validator.

Techub News reported, according to The Block, global payments giant Visa has joined the Canton network as a super validator, marking the company's first participation in blockchain governance proposals. Visa's application was approved on March 23, granting it the highest super validator weight of 10. Visa stated it will "work with institutions to push Canton into production" to complement existing payment, settlement, and treasury management strategies, and leverage Canton's payment layer to expand its stablecoin business. Canton is a privacy-focused, public, permissionless Layer1 blockchain, supported by institutional investors such as BNP Paribas, Citadel Securities, the Depository Trust & Clearing Corporation (DTCC), Goldman Sachs, and crypto companies like Circle and Paxos. The network currently has a total of 849 validators, including 42 super validators such as DTCC, Nasdaq, Broadridge, Tradeweb, Chainlink, and YZi Labs. Visa stated it will maintain its "public chain neutral" stance.