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Visa now supports stablecoin settlements using PYUSD, USDG, EURC, and USDC
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The platform spans Ethereum, Solana, Stellar, and Avalanche
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Expansion offers businesses broader cross-border payment flexibility
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Move follows regulatory clarity from the GENIUS Act
Expanded Stablecoin and Blockchain Coverage
Visa has expanded its stablecoin settlement platform to support three new stablecoins—PayPal’s PYUSD, Paxos-issued USDG, and Circle’s EURC—and added Stellar and Avalanche to its blockchain network. These additions build on Visa’s original support for Circle’s USDC, first piloted in 2021.
With this expansion, Visa’s stablecoin infrastructure now spans four stablecoins (USDC, PYUSD, USDG, and EURC) and operates across Ethereum, Solana, Stellar, and Avalanche. Pilot partners can now settle transactions in both dollar- and euro-backed stablecoins.
Infrastructure for a Multichain Future
Visa emphasized that the updated system runs alongside its traditional treasury infrastructure, which supports over 25 fiat currencies. The goal is to offer partners more flexibility for global transactions across fiat and blockchain rails.
“Visa is building a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide,” said Rubail Birwadker, Visa’s global head of strategic partnerships.
Regulatory Clarity Fuels Expansion
The expansion comes shortly after the U.S. passed the GENIUS Act, which provides regulatory clarity for stablecoins and opens the door for banks and institutions to scale digital payment infrastructure. Analysts expect the stablecoin market to potentially grow to $2 trillion in the coming years, up from its current $273 billion.
