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 onto the blockchain.

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 onto the blockchain. By operating as a super validator on the Canton Network, we bring Visa-level trust, governance, and operational rigor to a privacy-protecting blockchain infrastructure, enabling regulated financial institutions to move payments onto the blockchain without having to rethink how they operate."