Visa Expands Blockchain Support to Stellar and Avalanche

Visa has announced a significant expansion of its blockchain-based payment infrastructure by integrating support for two additional altcoin networks—Stellar (XLM) and Avalanche (AVAX)—bringing its total to four supported blockchains, including Ethereum and Solana [1]. The move enables the company to facilitate on-chain transactions and stablecoin settlements across multiple protocols, enhancing its ability to support cross-border payments and digital asset integrations for financial institutions and fintech partners [1].

The integration of Stellar—often regarded as a direct competitor to XRP in the cross-border payment space—signals Visa’s commitment to exploring diverse blockchain ecosystems rather than relying on a single platform [1]. This strategic decision aligns with the broader trend of traditional financial institutions adopting blockchain technology to improve transaction speed, scalability, and cost-efficiency.

In addition to the blockchain network expansion, Visa is now supporting three stablecoins: PayPal USD (PYUSD), Global Dollar (USDG), and EURC. These stablecoins, pegged to the US dollar and euro respectively, can now be used for on-chain settlements via Visa’s platform [1]. The company has partnered with Paxos and Circle to facilitate these offerings, further diversifying the stablecoin options available to its users. By supporting multiple stablecoins across four different blockchains, Visa is aiming to enhance the interoperability and efficiency of digital payment systems, particularly for international transactions [1].

The company’s head of global growth products and strategic partnerships, Rubail Birwadker, emphasized that stablecoins with reliability, scalability, and interoperability have the potential to transform global money movement. “We are building a multi-coin, multi-chain architecture to meet the needs of our global partners,” he stated [1]. This approach reflects Visa’s long-term vision of a digital financial ecosystem that integrates multiple blockchain networks and stablecoin standards.

The move is part of Visa’s broader strategy to remain competitive in the evolving digital finance landscape. Since launching a tokenization platform in 2020, the company has been actively exploring ways to support digital assets and blockchain-based solutions [1]. The latest update underscores the growing role of decentralized infrastructure in mainstream finance and highlights the increasing acceptance of altcoins and stablecoins by institutional players.

By expanding its blockchain support, Visa is not only strengthening its position in the digital payments space but also encouraging further innovation and adoption in the crypto ecosystem. The inclusion of Stellar and Avalanche—two high-performance blockchains—also reflects a recognition of the need for scalable, secure, and interoperable solutions in the global financial system [1]. As cross-border payment demands continue to grow, this multi-chain approach may set a precedent for other financial institutions seeking to integrate blockchain technology into their operations.

Source: [1] Visa Announces It Has Added Two Altcoin Networks to Its Payment Infrastructure – One of Them Is XRP’s Biggest Competitor – [https://en.bitcoinsistemi.com/visa-announces-it-has-added-two-altcoin-networks-to-its-payment-infrastructure-one-of-them-is-xrps-biggest-competitor/](https://en.bitcoinsistemi.com/visa-announces-it-has-added-two-altcoin-networks-to-its-payment-infrastructure-one-of-them-is-xrps-biggest-competitor/)