Visa Enhances Crypto Infrastructure with New Stablecoins & Blockchains
Visa has upgraded its blockchain settlement platform, integrating three new stablecoins—PayPal USD (PYUSD), Global Dollar, and Euro Coin (EUROC)—and expanding support to Stellar and Avalanche networks.
The development enables cross-chain stablecoin transactions and instant fiat conversions, strengthening Visa’s position in crypto payments.
Previously limited to USDC on Ethereum and Solana, Visa’s latest move aligns with surging institutional adoption post-GENIUS Act, as banks and corporations explore stablecoin solutions.
However, competition is intensifying. Mastercard, for instance, has already tokenized nearly a third of its transactions, while fintech firms and stablecoin issuers challenge traditional payment rails.
Visa’s expansion signals a broader shift: Stablecoins are becoming a core pillar of global finance.
