Visa’s Canton Network Stablecoin Poised to Transform International Travel Fees by 2026

Visa is developing a stablecoin under the name Canton Network. The stablecoin is built to use blockchain‑based settlement for transactions. Visa says the technology could reshape how international travel fees are calculated. By 2026 the company expects the blockchain settlement to be operational for travel payments. The approach aims to lower cross‑border processing costs for airlines and travelers. Faster settlement times are highlighted as a key benefit of the stablecoin system. Industry observers note the move could pressure traditional payment rails. Stakeholders will watch the rollout to gauge its effect on global travel pricing.