Visa Expands Stablecoin Support with Paxos and Circle

TheCryptoTimesPublished on 2025-08-01Last updated on 2025-08-01

Visa, a world leader in digital payments, has released a significant expansion of its stablecoin settlement platform. The company is now supporting more stablecoins and blockchain networks to make cross-border money transfers faster, more efficient, and easier for users around the world.

According to Rubail Birwadker, Visa’s global head of growth products and partnerships, said, “We believe that when stablecoins are trusted, scalable and interoperable, they can fundamentally transform how money moves around the world.”

New Stablecoins Added

Visa has added support for two new dollar-backed stablecoins. One is PayPal USD (PYUSD) issued by Paxos and used by PayPal and another is Global Dollar (USDG), also issued by Paxos.

These are in addition to a new collaboration with Paxos, a regulated digital asset specialist. This step introduces additional choices for users and developers looking to settle in stable digital currency.

Visa is also adding support for EURC, a euro-backed stablecoin from Circle, the company behind USDC.  This means Visa’s partners can now settle transactions in both U.S. dollars and euros using blockchain technology.

Support for More Blockchains

In addition to new stablecoins, Visa is adding more blockchain networks. It has included Stellar and Avalanche, both with their reputation for speed and low fees, to make stablecoin transactions faster and cheaper.

These add to Visa’s current backing of Ethereum and Solana. Four stablecoins on four blockchains are now supported by Visa’s stablecoin settlement technology.

Why This Matters

Visa’s vision is to enable stablecoin payments to be scalable, trusted, and interoperable. With support for more coins and chains, Visa is making it easier for wallets, developers, fintechs, and banks to use digital assets in daily transactions. Visa’s objective is to make stablecoin payments scalable, trustworthy, and interoperable.

Visa indicates it is interested in facilitating reduction of the friction that remains present in cross-border payments, wherein there is delay and high charges. Stablecoins provide a cheaper, quicker solution, and Visa is creating the infrastructure to facilitate them on a large scale.

Also Read: Visa Expands Stablecoin Business in Europe, Middle East, Africa

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