- Visa now supports PYUSD, USDG, and EURC stablecoins, enabling multi-currency settlement in both USD and EUR denominations.
- Stellar and Avalanche join Ethereum and Solana as supported blockchains, improving Visa’s on-chain transaction capabilities and network flexibility.
- Visa’s expanded framework enhances real-time digital payments by integrating trusted stablecoins and interoperable blockchain networks for global partners
Visa has extended its stablecoin settlement capabilities by integrating support for three additional stablecoins and two more blockchains, strengthening its role in digital asset infrastructure.
Visa Adds PYUSD, USDG, and EURC to Settlement Platform
According to its official announcement, Visa has added support for PayPal USD (PYUSD), Global Dollar (USDG), and the euro-backed EURC stablecoin. This development is part of a broader initiative to provide flexible and scalable settlement options for financial partners across various regions.
Visa’s collaboration with Paxos now enables the network to process transactions in PYUSD and USDG, both of which are dollar-backed stablecoins. Additionally, the integration of Circle’s EURC marks the first time the platform offers settlement in a euro-denominated stablecoin. With these three additions, Visa’s platform now supports four different stablecoins.
Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships at Visa, stated, “Visa is building a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide.” He added, “We believe that when stablecoins are trusted, scalable, and interoperable, they can fundamentally transform how money moves around the world.”
Stellar and Avalanche Join Ethereum and Solana
Visa has expanded its blockchain support by adding Stellar and Avalanche. These join Ethereum and Solana in enabling on-chain settlement. The addition of new blockchains allows Visa to meet stablecoin wallets where they are and enable interoperability across multiple networks.
The expanded blockchain support allows Visa to support stablecoin wallets on various platforms, improving accessibility for developers, fintech firms, and payment providers. This setup is designed to reduce settlement friction and increase the speed of both cross-border and on-chain transactions.
Visa’s blockchain framework aims to support an environment where multiple assets and networks can function together seamlessly. With four blockchains in operation, the company is laying the groundwork for scalable, blockchain-based payments.
Supporting Global Settlement Needs with Stablecoins
Visa’s stablecoin settlement system now allows select partners to settle in both USD- and EUR-backed stablecoins. This move complements its existing infrastructure that already facilitates settlements in over 25 fiat currencies globally.
The company’s recent efforts build on years of pilot programs and live transaction testing. Visa is now positioned to support a growing demand from card issuers and acquirers who are seeking digital currency options.
By integrating more assets and networks, Visa continues to position itself as a global network capable of bridging traditional finance with blockchain-based systems.
