• bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Visa adds support for 3 stablecoins

Visa adds support for 3 stablecoins to expand its blockchain settlement platform

Leila Al-Khatib

Visa adds support for 3 stablecoins in a major move to transform global payments and cross-border transactions.

The global payments giant announced support for PayPal USD (PYUSD), Global Dollar (USDG), and Circle’s euro-backed EURC stablecoin. These new additions join Visa’s previously supported USDC stablecoin. This expansion significantly boosts Visa’s capabilities in the fast-growing stablecoin sector.

The company also expanded blockchain support to include Stellar and Avalanche, complementing existing support for Ethereum and Solana. Visa’s settlement platform now supports four stablecoins on four blockchains, making it one of the most versatile networks for stablecoin payments. This aligns with Visa’s vision to reduce transaction friction and speed up settlement times for wallets and developers worldwide.

Visa first started experimenting with USDC settlements in 2020. Over the years, the firm has moved from exploration to real-world deployment, cementing its role as a leader in stablecoin adoption. The latest expansion reflects rising demand for fast, scalable, and interoperable digital currencies in payment systems.

Visa bets big on blockchain and multi-chain support

The expansion comes at a time when stablecoins are gaining attention from payment providers, fintech startups, and traditional banks. These entities are increasingly looking for ways to enable faster, cheaper, and more transparent cross-border money transfers.

Through its new partnership with Paxos, Visa will enable the settlement of both USD and euro transactions via stablecoins. The inclusion of EURC adds regional flexibility for European partners and businesses dealing with the euro. This move also positions Visa as a bridge between traditional finance and the Web3 economy.

Visa’s global head of growth products, Rubail Birwadker, emphasized the importance of trust and scalability in stablecoin infrastructure. According to him, trusted and interoperable stablecoins can revolutionize how money moves worldwide.

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Visa adds support for 3 stablecoins to boost payment interoperability

The addition of new stablecoins and blockchains shows Visa’s commitment to supporting innovation in digital finance. The move makes it easier for wallets, payment apps, and businesses to choose the stablecoin and chain that best fits their needs. By focusing on interoperability, Visa aims to make stablecoin payments as seamless as using a credit card.

Visa’s strategy supports broader adoption of blockchain-based finance, offering a robust and secure infrastructure for real-time payments. It also opens the door for developers to create financial products that leverage the speed and security of stablecoins.

This expansion could be a turning point, potentially making stablecoin-based transactions a standard for both retail and institutional use. The platform’s scalability, flexibility, and multi-currency capabilities are key to Visa’s ambition to redefine modern payments.

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Why is Visa adding support for stablecoins like PYUSD, USDG, and EURC?

Visa is adding support for stablecoins to meet growing global demand for faster, more efficient cross-border payments. By incorporating PYUSD, USDG, and EURC, Visa aims to reduce transaction costs and eliminate settlement delays common in traditional systems. Stablecoins offer near-instant transfers, transparency, and compatibility with decentralized finance systems. Visa’s move is also a response to rising fintech and institutional interest in digital currencies. With these additions, Visa not only diversifies its stablecoin offerings but also supports multi-currency settlement in both U.S. dollars and euros. This positions the company as a leader in blockchain-enabled payments.

What blockchains are now supported by Visa’s settlement platform?

Visa now supports four major blockchains: Ethereum, Solana, Stellar, and Avalanche. These blockchains were chosen for their scalability, security, and developer ecosystems. Ethereum and Solana were early entrants, offering robust networks and liquidity. The recent additions, Stellar and Avalanche, bring increased speed and efficiency. Supporting multiple chains allows Visa to offer partners and developers more flexibility. This multi-chain strategy aligns with the broader trend of interoperability in Web3 finance, enabling seamless movement of assets across different ecosystems.

How does this impact global payments and financial inclusion?

The support for new stablecoins and blockchains can significantly improve financial access and cross-border transactions. Traditional systems can be expensive and slow, especially for people in underbanked regions. With stablecoins, users can transfer value almost instantly with minimal fees. Visa’s initiative provides a trusted bridge between traditional finance and digital assets. As more partners adopt this model, businesses and individuals worldwide could benefit from real-time settlements, transparent processes, and reduced costs. This contributes to greater financial inclusion and more equitable access to global commerce.

What’s next for Visa in the Web3 and crypto space?

Visa appears committed to playing a long-term role in the digital currency ecosystem. Beyond stablecoin settlements, the company has also invested in tokenization platforms and is exploring new blockchain integrations. Its goal is to offer a secure, scalable foundation for digital payments across use cases. As crypto adoption grows and regulations become clearer, Visa could expand into areas like tokenized bank deposits, DeFi integrations, and Web3 identity services. The continued focus on interoperability, trust, and scalability suggests Visa is not just experimenting—but preparing to lead.

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