Visa announced it will join Canton Network as a super validator, becoming the first major global payments company to take on this role. Visa will be one of 40 super validators, helping banks and financial institutions bring payment flows onto blockchain infrastructure.
Rubail Birwadker, Head of Global Growth Products and Strategic Partnerships at Visa, highlighted that privacy concerns have long been a major barrier preventing banks from moving meaningful operations on-chain.
According to Birwadker: "Many banks view lack of privacy as a deal-breaker for blockchain adoption. By operating as a super validator on Canton Network, we bring Visa-grade trust, governance, and operational rigor to privacy-preserving blockchain infrastructure."
The move aims to enable regulated financial institutions to transition payment infrastructure on-chain without fundamentally changing their existing operational frameworks.
