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Visa is pushing deeper into crypto with new moves aimed at making stablecoin payments easier, faster, and more widely available.
Shared by Visa in a recent update, the company is expanding its crypto capabilities by bringing in more stablecoins and blockchain networks to its settlement system. The goal? Make digital payments smoother and more accessible on a global scale.
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Visa continues to lean into stablecoins as a practical tool for modern payments. Through a new partnership with Paxos, it can now process transactions using USDG and PYUSD. That’s in addition to existing support for USDC, which Visa has used for settlement on Ethereum and Solana.
Alongside these new stablecoin options, Visa is also rolling out support for Stellar and Avalanche blockchains. This expansion brings the total number of supported chains to four and gives Visa more flexibility when working with partners globally.
Rubail Birwadker, Visa’s Global Head of Growth Products and Strategic Partnerships, shared the company’s wider vision:
“Visa is building a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide.
We believe that when stablecoins are trusted, scalable and interoperable, they can fundamentally transform how money moves around the world.”
The inclusion of Circle’s EURC stablecoin also marks Visa’s entry into supporting euro-denominated digital currency payments. It’s a move that could make cross-border transactions between Europe and other markets more efficient, especially where traditional settlement rails fall short.
Visa’s broader crypto roadmap isn’t just theoretical. The company has been working behind the scenes to modernize its infrastructure and enable direct interactions with stablecoins. CEO Ryan McInerney made that clear in a recent statement:
“We’ve been embracing and building for years, preparing for this moment… We’ve been enabling people to issue Visa credentials on top of stablecoins, we’ve been modernizing our own settlement infrastructure with stablecoins and we have a whole host of innovations that we plan to deploy around the world embracing stablecoins.”
He also referenced the GENIUS Act, recently passed by the U.S. Senate, which is expected to bring more clarity around stablecoin regulation. For Visa, that kind of legislative progress could open doors to even more crypto adoption worldwide.