Visa Expands Stablecoin Support Across Four Blockchains

Visa is taking a major step in digital payments by expanding its stablecoin support to four new blockchains. CEO Ryan McInerney said the company aims to strengthen its role in crypto settlements while helping banks embrace blockchain-based finance.

Visa Expands Stablecoin Capabilities

The global payments giant announced plans to add support for four stablecoins running on four unique blockchains. McInerney explained that these stablecoins represent two major digital currencies that Visa can process and convert into more than 25 fiat currencies.

“We are adding support for four stablecoins running on four unique blockchains, representing two currencies that we can accept and convert to over 25 traditional fiat currencies,” said Visa CEO Ryan McInerney.

Visa already supports USDC, EURC, PYUSD, and USDG on Ethereum, Solana, Stellar, and Avalanche networks. The expansion reinforces Visa’s leadership in integrating blockchain technology into global payment systems.

Stablecoin Transactions Hit Record Growth

According to McInerney, Visa has facilitated over $140 billion in crypto and stablecoin flows since 2020. The company has seen “significant momentum” in this sector as consumer spending through stablecoin-linked cards quadrupled compared to last year.
Monthly transaction volume has now surpassed $2.5 billion, underscoring Visa’s growing impact in bridging traditional finance and decentralized payments.

Banks Can Issue Their Own Stablecoins

Visa is giving banks and financial institutions the tools to mint and burn their own stablecoins. McInerney said this is part of the company’s next development phase on its tokenized asset platform. Through Visa Direct, cross-border transactions will become faster and more transparent. This move is expected to boost stablecoin adoption and accelerate financial integration worldwide.

Visa is also expanding its pilot program that enables pre-funded cross-border payments using USDC and EURC, laying the groundwork for scalable blockchain-based payment infrastructure.

Key Takeaways

• Visa adds four new stablecoins across four blockchains.

• Banks can issue and burn stablecoins via Visa’s tokenized asset platform.

• Stablecoin-linked spending has quadrupled year-over-year.

• Monthly stablecoin volume exceeds $2.5 billion.

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