Visa is significantly expanding its support for cryptocurrency settlements by integrating new stablecoins and blockchains. According to a recent press release, the payments giant is adding three new stablecoins: Global Dollar (USDG) and PayPal USD (PYUSD) through a partnership with Paxos, and EURC, a euro-backed stablecoin from Circle.
The company is also broadening its blockchain support by adding Stellar and Avalanche to its existing network, which includes Ethereum and Solana.
Rubail Birwadker, Visa’s Global Head of Growth Products, stated that this move is part of the company’s strategy to build a “multi-coin and multi-chain foundation” to meet the needs of its global partners. He believes that trusted, scalable stablecoins have the potential to revolutionize global money movement.
This expansion follows comments from CEO Ryan McInerney last month, who said Visa has been preparing for the widespread adoption of stablecoins for years. He noted that pending regulatory clarity from the GENIUS Act will further enable the company to deploy its stablecoin innovations globally.
August 2025, Cryptoniteuae
