Monad Brings Portal Labs into Fold to Bolster Enterprise-Grade Stablecoin Settlement

In a strategic consolidation aimed at accelerating blockchain adoption for real-world payments, the Monad Foundation has integrated Portal Labs into its ecosystem. The stablecoin infrastructure startup joins Monad as a wholly owned subsidiary, bringing production-ready payment rails that currently process millions in daily onchain settlement volume.

The integration, announced July 9 via Business Wire, positions payments as a foundational layer for Monad’s high-performance blockchain. “Payments are a killer use case for blockchains,” explained Monad co-founder Keone Hon. “Portal’s battle-tested stablecoin infrastructure gives Web2 enterprises and Web3 developers a straightforward path to embed payment functionality into their platforms.”

Portal’s Track Record Meets Monad’s Infrastructure

Portal Labs brings more than operational credibility—the company operates proven settlement rails powering significant onchain transaction volumes. Raj Parekh, Portal’s founding chief executive, will anchor Monad’s newly formed payments and stablecoins division. Parekh previously shaped Visa’s global cryptocurrency strategy, combining insights from both traditional banking and decentralized systems.

The startup’s additional co-founders—Parsa Attari, David Scrobonia, and Rami Shahatit—will maintain operational leadership while collaborating on Monad’s roadmap to build an enterprise-ready blockchain optimized for high-velocity payments.

Monad’s Technical Foundation Meets Market Timing

Monad currently operates a public testnet that has logged over 2 billion cumulative transactions. The blockchain achieves 10,000 transactions per second with sub-second block finality, powered by parallel execution architecture and Ethereum compatibility. A production launch is scheduled for later this quarter.

This infrastructure foundation makes Portal’s integration particularly significant. The combination of Monad’s throughput capacity with Portal’s developer-friendly settlement stack targets both traditional fintech platforms seeking blockchain rails and decentralized protocols requiring scalable payment infrastructure.

Reinforcing a Broader Ecosystem Play

The Portal acquisition extends Monad’s earlier momentum, building on its April 2025 partnership with Chainlink Scale, which delivered low-latency data access for DeFi participants. Together, these moves signal Monad’s intent to compete seriously in the stablecoin infrastructure layer, capturing wallet-to-wallet payment flows across hybrid Web2-Web3 architectures.