Visa Expands Stablecoin Support With PYUSD USDG EURC And Adds Two Blockchains

Visa has expanded its support for stablecoins, adding PYUSD, USDG, and EURC to its growing list of digital currencies. This move is part of the company’s broader initiative to enhance cross-border payments and instant money transfers, particularly in markets with unstable local currencies or limited access to the U.S. dollar. Alongside the new stablecoins, Visa is also integrating support for two additional blockchains—Avalanche and Stellar—bringing the total to four, which include Ethereum and Bitcoin. This multi-chain approach allows Visa to process multiple stablecoins across different blockchain ecosystems, further diversifying its digital payment infrastructure [1].

According to Visa CEO Ryan McInerney, the company has been actively testing stablecoins on its Visa Direct platform to improve the speed and cost-effectiveness of international transactions. He emphasized that stablecoins can serve as a solution to inefficiencies in local banking systems in emerging markets. Visa is collaborating with companies like Yellow Card in sub-Saharan Africa to develop its stablecoin treasury and settlement capabilities. The inclusion of EURC, a euro-backed stablecoin, marks a strategic expansion into European markets [5].

The integration of USDG and PYUSD reflects a growing demand for stablecoin-based payment solutions among both consumers and businesses. These U.S. dollar-pegged stablecoins are increasingly used to facilitate low-cost, fast transactions globally. Visa is also supporting financial institutions in issuing their own stablecoins and developing programmable money solutions via its Tokenized Asset Platform. As stablecoins gain broader adoption, they are expected to play a key role in the digitization of payments in emerging economies [9].

Visa’s third fiscal quarter, which ended on June 30, 2025, showed strong performance despite a minor earnings miss. Total revenue for the period reached $10.2 billion, a 14% year-over-year increase and above analyst forecasts of $9.8 billion. Payments volume and cross-border transactions grew by 8% and 12%, respectively, while the number of processed transactions hit 65.4 billion, up 10% year-over-year. Net income for the quarter was $5.3 billion, or $2.69 per diluted share [12].

Despite higher expenses, including litigation and personnel costs, the company reported continued resilience in consumer spending and no significant impact from recent tariff adjustments. Visa’s expansion into stablecoin settlements demonstrates its strategic focus on innovation in the digital payments sector. By supporting multiple blockchains and diversifying its stablecoin offerings, Visa is positioning itself to meet the rising demand for faster, more efficient cross-border payment solutions [16].

Source: [1] The Globe and Mail (https://www.theglobeandmail.com/investing/markets/stocks/V-N/pressreleases/33776357/visa-expands-stablecoin-settlement-support/)

[5] Visa Expanding Instant Payments (https://www.americanbanker.com/payments/news/visa-beats-estimates-on-revenue-misses-on-earnings)

[9] PYUSD and USDG Integration (https://www.paymentexpert.com/2025/07/29/will-paypals-new-crypto-launch-unify-digital-and-fiat-currencies/)

[16] Visa Multi-Chain Expansion (https://twitter.com/TheValueist/status/1950339246939918540)