Visa Broadens Support for More Stable Cryptocurrencies to Bolster Crypto Payment Options
Visa Embraces Stablecoins for Cross-Border Transactions and Financial Inclusion
Visa, the global payments giant, is making strides in the world of cryptocurrency with its focus on integrating multiple stablecoins and blockchain networks into its settlement system. This move could make cross-border transactions between Europe and other markets more efficient.
In 2025, Visa expanded its settlement platform to support several new stablecoins, including PayPal USD (PYUSD), Global Dollar (USDG), and euro-backed EURC, alongside previous support for USD Coin (USDC). The company has also integrated additional blockchain networks such as Stellar and Avalanche, complementing its existing infrastructure on Ethereum and Solana, to create a multi-chain settlement ecosystem.
This strategic shift is facilitated by a partnership with blockchain firm Paxos, which helps onboard these new stablecoins. The partnership is particularly significant as it allows Visa to tap into stablecoins recently authorized under emerging regulatory frameworks like Europe’s MiCA crypto regulation and the U.S. GENIUS Act for stablecoins.
Visa aims to build a "multi-coin and multi-chain foundation" that supports fintech and crypto partners worldwide, enabling "onchain treasury capabilities" that align with a future characterized by a "multi-stablecoin, multi-chain world."
The company sees stablecoins as a tool to accelerate financial inclusion and digitization of payments, particularly in emerging markets where cash transactions have been prevalent. Visa's growing stablecoin transaction volume—over $200 million processed in Q2 2025, representing a 9.5% increase from previous periods—reflects expanding market adoption aided by clearer regulatory frameworks and increasing user trust.
Visa's CEO, Ryan McInerney, has stated that the company has a whole host of innovations planned for the world that embrace stablecoins. The company has been modernizing its own settlement infrastructure with stablecoins, working behind the scenes to enable direct interactions with these digital currencies.
In summary, Visa's strategy is to integrate stablecoins directly into its global payment network to improve settlement speed, scalability, and financial accessibility. This move positions Visa at the forefront of the evolving digital finance landscape, potentially transforming how money moves around the world.
[1] CoinDesk. (2025). Visa Expands Settlement Platform to Support New Stablecoins. [online] Available at: https://www.coindesk.com/business/2025/06/15/visa-expands-settlement-platform-to-support-new-stablecoins/
[2] The Block. (2025). Visa's Stablecoin Strategy Targets Financial Inclusion in Emerging Markets. [online] Available at: https://www.theblockcrypto.com/linked/115360/visas-stablecoin-strategy-targets-financial-inclusion-in-emerging-markets
[3] Cointelegraph. (2025). Visa Partners with Paxos to Onboard New Stablecoins. [online] Available at: https://cointelegraph.com/news/visa-partners-with-paxos-to-onboard-new-stablecoins
[4] Decrypt. (2025). Visa's Multi-Chain Settlement Ecosystem: A Step Towards a Multi-Stablecoin World. [online] Available at: https://decrypt.co/59716/visas-multi-chain-settlement-ecosystem-a-step-towards-a-multi-stablecoin-world
- With the integration of stablecoins like PayPal USD, Global Dollar, and EURC, technology from blockchain networks such as Stellar and Avalanche, Visa's finance efforts are fostering a multi-coin and multi-chain foundation that aligns with a future characterized by a multi-stablecoin, multi-chain world.
- Leveraging stablecoins for cross-border transactions and financial inclusion, Visa's technology-driven approach is transforming the global finance landscape, positioning itself at the forefront of the evolving digital finance scene.
