Visa expands stablecoin settlement to new assets and blockchains
The payments giant has partnered with Paxos to expand stablecoin settlement, with a focus on speed, cost reduction, and interoperability across blockchains.
Visa is expanding its stablecoin settlement capabilities by supporting new digital assets and blockchains. The payments giant will now include Global Dollar (USDG), PayPal USD (PYUSD), and Circle’s euro-backed EURC.
Settlement will extend to Stellar and Avalanche, broadening its support beyond Ethereum and Bitcoin. A new Paxos partnership aims to improve settlement speed and cut cross-border costs.
Visa executives said stablecoins could help fix inefficiencies in emerging markets. They also argued that trusted, scalable, interoperable assets can transform cross-border payments.
Visa is also pushing into new regions, with plans to expand settlement across Central and Eastern Europe, the Middle East, Africa, and Latin America. Recent Yellow Card and Bridge deals will enable stablecoin cards for daily use.
The firm stressed that a stablecoin strategy will become essential for institutions moving money globally.
According to Visa, the expansion will improve liquidity management, lower settlement costs, and provide 365-day transaction support. The network has processed over $225 million in stablecoin settlements, cementing its lead in digital payments.
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