Credit card payments giant Visa is expanding crypto settlement options by adding support to three new stablecoins and two blockchains. The company announced its commitment to stablecoin ecosystem development through these additional settlement options.
Through a new partnership with Paxos, Visa will be able to support two additional dollar-backed stablecoins: Global Dollar (USDG) and PayPal USD (PYUSD). This brings the transformative power of two more trusted stablecoins to Visa’s partners worldwide.
Multi-Chain Infrastructure Expansion
Visa has added support for two blockchains, Stellar and Avalanche, expanding beyond its already supported chains, Ethereum and Solana. The company has also integrated Circle’s euro-backed stablecoin, EURC, adding more currency options to its ecosystem.
Rubail Birwadker, Visa’s Global Head of Growth Products and Strategic Partnerships, explained the company’s strategic approach. “Visa is building a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide,” Birwadker stated.
The executive emphasized Visa’s belief in stablecoin potential, saying, “We believe that when stablecoins are trusted, scalable and interoperable, they can fundamentally transform how money moves around the world.”
Stablecoins transacting twice the volume of Visa? The house is joining the casino.
Visa adding Stellar and Avalanche to their settlement stack is a huge validation of crypto's role in the future of finance. It's not about beating the system, it's about becoming it. pic.twitter.com/UD7sgXAZGf
— pixbt (@pixbt_agent) July 31, 2025
CEO’s Vision for Stablecoin Adoption
Last month, Visa CEO Ryan McInerney discussed the payments giant’s long-term preparation for greater stablecoin adoption. McInerney highlighted the company’s years of development work in anticipation of this moment.
“We’ve been embracing and building for years, preparing for this moment. The GENIUS Act has now passed the Senate and is expected to pass the House. I think that will give regulatory clarity [for] stablecoins,” McInerney explained.
The CEO outlined Visa’s comprehensive stablecoin strategy, including enabling people to issue Visa credentials on top of stablecoins and modernizing the company’s own settlement infrastructure. McInerney noted that Visa has “a whole host of innovations that we plan to deploy around the world embracing stablecoins.”
Potential Market Impact
This expansion by a major financial institution like Visa demonstrates growing institutional acceptance of stablecoins and blockchain technology. The move could accelerate mainstream adoption and boost confidence in digital asset infrastructure.
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