KEY FACTS: Visa, a global payments leader has announced an expansion of its stablecoin offerings by integrating three new stablecoins: Global Dollar (USDG), PayPal USD (PYUSD), and Euro Coin (EURC), and adding support for the Stellar and Avalanche blockchain networks, alongside existing Ethereum and Solana integrations. This move enhances Visa’s settlement platform, enabling users to send, receive, or convert stablecoin balances into fiat currencies, catering to both institutional and retail clients. Visa’s strategy strengthens its position in bridging traditional finance with blockchain technology, leveraging partnerships with Circle, Paxos, and BVNK to drive interoperable, scalable, and secure digital payments globally.
Source: Visa
Visa Expands Stablecoin Offerings, Support More Blockchains
Visa, the global payments giant, announced a significant expansion of its stablecoin offerings and blockchain capabilities on Thursday, July 31, 2025. The company has integrated support for three additional stablecoins: Global Dollar (USDG), PayPal USD (PYUSD), and Euro Coin (EURC), alongside two new blockchain networks, Stellar and Avalanche, into its settlement platform. This strategic enhancement, which builds on Visa’s existing support for Circle’s USD Coin (USDC) and networks like Ethereum and Solana, shows the company’s commitment to bridging traditional finance with the rapidly evolving world of decentralized systems.
Visa plans to support more stablecoins, more chains and more use cases within its settlement platform.
Source
Visa’s latest initiative allows users to send and receive stablecoin payments across its supported blockchain networks or convert their balances into traditional fiat currencies, offering unprecedented flexibility for both institutional and retail clients. According to Visa's Global Head of Growth Products and Strategic Partnerships, Rubail Birwadker, Visa is building a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide. He furthered that when stablecoins are trusted, scalable, and interoperable, they can fundamentally transform how money moves around the world.
The addition of USDG, issued by Paxos, PYUSD, backed by PayPal, and EURC, a euro-pegged stablecoin from Circle, diversifies Visa’s stablecoin portfolio, catering to a broader range of currency needs. With the incorporation of Stellar, known for its cost-efficient settlement capabilities, and Avalanche, celebrated for its high-throughput architecture, Visa now operates a quad-chain ecosystem alongside Ethereum and Solana. This expansion enhances the platform’s ability to handle high-volume transactions with speed, transparency, and cost-effectiveness, which are key attributes for competing in the global payments landscape.
Visa’s press release highlighted the seamless integration of these new stablecoins and blockchains, noting that partners can now access settlement in both USD- and EUR-backed stablecoins, extending the company’s crypto and treasury infrastructure capabilities. This move aligns with Visa’s broader mission to “connect the world through the most innovative, convenient, reliable, and secure payments network,” as stated on its corporate website.
Recently, stablecoins, digital currencies pegged to fiat assets like the U.S. dollar or euro, have seen explosive growth, with their total market capitalization surpassing $270 billion in 2025, according to industry data. The passage of the GENIUS stablecoin bill in the United States has further fueled institutional interest, providing regulatory clarity and encouraging adoption across sectors.
Stablecoins have emerged as a cornerstone of the cryptocurrency ecosystem, offering a stable alternative to volatile assets like Bitcoin and Ethereum. Their ability to facilitate near-instant, low-cost cross-border transactions has made them a compelling solution for businesses, banks, and even retailers. In 2024 alone, stablecoin transfer volumes reached $27.6 trillion, surpassing the combined volumes of Visa and Mastercard by 7.7%, according to a report by crypto exchange CEX.io.
Visa’s expansion comes amid intensifying competition from both traditional financial institutions and fintech innovators. Mastercard, Visa’s primary rival, has acknowledged stablecoins as a disruptive force, with representatives noting earlier this year that they “directly threaten the payment processor business model.” Mastercard has responded by collaborating with crypto companies to integrate crypto payments, tokenizing 30% of its transactions to date.
Beyond payment processors, major corporations and banks are entering the stablecoin arena. Retail giants Walmart and Amazon are reportedly exploring the launch of their own stablecoins, aiming to leverage reduced transaction fees and near-instant settlement times for cross-border commerce. Bank of America CEO Brian Moynihan has repeatedly hinted at plans to develop a stablecoin and equip the bank with stablecoin payment rails, signaling a broader shift among legacy institutions.
Fintech firms like PayPal and Stripe are also integrating stablecoin infrastructure to enable faster and cheaper transactions. PayPal’s PYUSD, now supported by Visa, is a prime example of this trend, as is Stripe’s acquisition of stablecoin platform Bridge for $1.1 billion in 2024. Meanwhile, financial giants like JPMorgan Chase and Citigroup are considering stablecoin initiatives, with JPMorgan’s Kinexys tokenized deposit platform already enabling institutional clients to access yield-bearing deposits on public blockchains.
Visa began exploring blockchain technology in 2020, partnering with Circle to support USDC on certain credit cards. In 2023, Visa became one of the first major payment networks to settle transactions in stablecoins, piloting USDC settlements with clients and processing over $225 million in stablecoin volume to date. The launch of the Visa Tokenized Asset Platform (VTAP) in 2024 further simplified the issuance and management of tokenized assets, including stablecoins, for banks and financial institutions.
Visa’s investment in London-based stablecoin payment startup BVNK in May 2025, through its Visa Ventures arm, marked another milestone in its crypto strategy. The partnership aims to redefine how businesses operate in the digital economy by combining Visa’s global payment expertise with BVNK’s stablecoin infrastructure.
The company’s stablecoin-linked card programs, developed in collaboration with partners like Bridge, Baanx, and Rain, have also gained traction. These cards allow consumers to spend stablecoin balances at over 150 million Visa-accepting merchant locations worldwide, facilitating nearly $100 billion in cryptocurrency purchases and $25 billion in crypto spending to date.
Visa’s expanded stablecoin offerings signal a pivotal moment in the evolution of global payments. Visa, in embracing blockchain technology and partnering with stablecoin issuers like Circle, PayPal, and Paxos, positioning itself as a trusted bridge between traditional finance and decentralized innovation. The company’s multi-coin, multi-chain strategy, coupled with its global reach and regulatory compliance, gives it a competitive edge in a crowded market.
As stablecoins continue to gain traction, their potential to reshape cross-border payments, lending, and commerce is undeniable. With the stablecoin market projected to reach $2 trillion in the coming years, Visa’s proactive approach ensures it remains a key player in the digital transformation of finance.
Information Sources:
If you found the article interesting or helpful, please hit the upvote button and share for visibility to other hive friends to see. More importantly, drop a comment below. Thank you!
This post was created via INLEO. What is INLEO?
INLEO's mission is to build a sustainable creator economy that is centered around digital ownership, tokenization, and communities. It's built on Hive, with linkages to BSC, ETH, and Polygon blockchains. The flagship application, Inleo.io, allows users and creators to engage & share micro and long-form content on the Hive blockchain while earning cryptocurrency rewards.
Let's Connect
Hive: inleo.io/profile/uyobong/blog
Twitter: https://twitter.com/Uyobong3
Discord: uyobong#5966