Visa Expands Onchain Payments Network with New Stablecoins and Blockchains
Visa has taken another major step in building out its onchain payments network, announcing support for three new stablecoins and two additional blockchains. The move significantly broadens Visa’s capacity to process real-time, cross-border settlements using crypto-native infrastructure.
The payments giant has now added support for PayPal’s PYUSD, Global Dollar (USDG) — a U.S. dollar-backed stablecoin from Paxos — and Circle’s euro-backed EURC. These tokens join USDC, which Visa began piloting for crypto settlement in 2021.
Alongside new stablecoins, Visa has also expanded its blockchain compatibility. Stellar and Avalanche have been added to the platform, which previously operated only on Ethereum and Solana. This brings the total number of supported blockchains to four, reflecting Visa’s commitment to multichain scaling.
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According to Visa, pilot partners can now settle transactions in both dollar- and euro-backed stablecoins, thanks to the integration of EURC. This enhances flexibility for institutions conducting business across global jurisdictions and currencies.
The announcement underscores Visa’s evolving role in crypto-native payments. As stablecoins gain traction for everything from remittances to B2B settlements, Visa appears focused on becoming a leading infrastructure provider at the intersection of traditional and blockchain-based finance.
By supporting a growing mix of assets and networks, Visa is positioning its platform for broader adoption as stablecoin usage moves further into the financial mainstream.
Kosta Gushterov
Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.
