Visa Expands Stablecoin Support Across Four Blockchains

Global payments leader Visa is preparing to add support for four additional stablecoins across four separate blockchains, accelerating its push into crypto-native settlement. On the company’s latest earnings call, CEO Ryan McInerney said stablecoins were a standout growth area this year and confirmed Visa will keep expanding the currencies and networks it can accept and convert into more than 25 fiat currencies. While the specific tokens and chains were not named, the expansion builds on Visa’s existing integrations with USDC and EURC from Circle, PayPal USD, and Global Dollar across Ethereum, Solana, Stellar, and Avalanche.

Visa reports strong traction from these efforts. Since 2020, the company says it has facilitated roughly $140 billion in crypto and stablecoin flows. Spending via Visa’s stablecoin-linked card programs rose about four times in the fourth quarter versus a year earlier, and monthly settlement volume has reached an annualized pace of approximately $2.5 billion. The company also broadened the number of coins and networks it can use for settlement, underpinning that growth.

Visa is now doubling down on bank-facing stablecoin services. A recent Visa Direct pilot launched in late September lets banks and financial institutions pre-fund cross-border payments using USDC and EURC, reducing friction in international transfers. Next, Visa plans to enhance its solutions layer so partners can do more on-chain without handling the complexity themselves. One headline feature is enabling financial institutions to mint and burn their own stablecoins through Visa’s tokenized asset platform, bringing programmable money closer to mainstream payment rails.

Visa’s moves signal a rapid shift from limited pilots to scaled products in stablecoin payments. With more tokens, more chains, and deeper bank integrations on the way, the battle to own crypto-powered settlement in everyday commerce is entering a new phase—and Visa wants the lead.