Visa Expands Blockchain Network to Support New Stablecoins and Blockchains

Visa has broadened its blockchain-based payment infrastructure to support additional stablecoins and blockchain networks, reflecting its continued push to develop scalable, global digital payment solutions [1]. The company has now integrated three new stablecoins—PayPal USD (PYUSD), Global Dollar (USDG), and EURC—along with the blockchains Avalanche and Stellar, joining Ethereum and Solana in its expanding network [1]. This development enables Visa to process cross-border transactions using stablecoins pegged to the U.S. dollar and euro, offering greater efficiency and flexibility to financial institutions and fintech partners [1].

The move represents a strategic shift toward a multi-chain, multi-coin architecture, aligning with the growing demand for decentralized finance solutions [1]. Visa’s platform now allows on-chain settlements backed by partners like Paxos and Circle [1]. By supporting a variety of blockchain protocols and stablecoin standards, the payments giant aims to enhance interoperability, lower transaction costs, and accelerate cross-border money transfers [1].

Rubail Birwadker, Visa’s head of global growth products and strategic partnerships, has emphasized that stablecoins with strong reliability and scalability are essential for transforming the global movement of money [1]. The expansion also mirrors an industry-wide trend, as traditional financial institutions increasingly adopt blockchain technologies to streamline transactions and reduce dependence on legacy banking systems [1].

The addition of high-performance blockchains like Avalanche and Stellar further underscores a commitment to scalability and security, positioning Visa to better meet the demand for faster and more cost-effective cross-border transactions [1]. Since launching its tokenization platform in 2020, Visa has been actively exploring the integration of digital assets into its services [1]. These latest updates reinforce the company’s long-term vision of a digital financial ecosystem that leverages blockchain to enable seamless and secure global money transfers [1].

Visa’s efforts highlight the increasing mainstream acceptance of stablecoins and blockchain-based solutions, particularly as financial institutions seek more efficient and resilient payment infrastructures [1]. As the stablecoin market continues to evolve, Visa’s multi-chain strategy may serve as a reference point for others aiming to incorporate decentralized technologies into their operations [1].