Global payments giant Visa has significantly expanded its stablecoin settlement capabilities by integrating PayPal USD (PYUSD), Global Dollar (USDG), and Circle's EURC across its blockchain infrastructure. This strategic move adds two new blockchain networks – Avalanche and Stellar – to Visa's existing Ethereum and Solana support, creating a multi-chain settlement system covering four stablecoins and four blockchains.
The integration enables real-time blockchain settlements for global partners, with PYUSD and USDG (both issued by Paxos) strengthening dollar-based transactions, while EURC facilitates euro-denominated settlements. According to Rubail Birwadker, Visa's Global Head of Growth Products, this expansion aims to build "a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide," reducing friction in cross-border payments through trusted, scalable stablecoins.
Visa's enhanced infrastructure allows payment platforms and card issuers to choose blockchain networks based on performance and cost requirements. The development marks a major advancement in Visa's crypto strategy since first exploring USDC settlements in 2020, positioning the company to support growing demand for interoperable stablecoin payments across traditional and digital finance ecosystems.