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Visa Expands Stablecoin Support to Four Major Blockchains

Payment giant enables merchants in 200+ countries to accept four stablecoins with instant fiat conversion as transaction volume exceeds $2.5 billion monthly

By Sulaimon Adewole

October 29, 2025 at 2:37 PM

Last updated

October 29, 2025 at 5:07 PM

Visa Expands Stablecoin Support to Four Major Blockchains

KEY FACTS

  • Visa announced support for USDC, EURC, PYUSD, and USDG across Ethereum, Solana, Stellar, and Avalanche blockchains, enabling instant crypto-to-fiat conversion for merchants in 200+ countries.
  • Stablecoin-linked card spending grew fourfold year-over-year to a monthly run rate exceeding $2.5 billion, with over $140 billion processed since 2020.
  • The expansion enables businesses to accept crypto payments that automatically convert to more than 25 fiat currencies without holding digital assets or facing volatility risk.

Visa Inc. announced support for four major stablecoins across Ethereum, Solana, Stellar, and Avalanche blockchains, enabling merchants in over 200 countries to accept crypto payments with instant conversion to more than 25 fiat currencies.

The payment giant will support USDC, EURC, PYUSD, and USDG through this expansion. Merchants can now receive stablecoin payments that convert immediately into traditional currencies, removing friction from crypto-to-fiat transactions.

Ryan McInerney, the CEO of Visa,  positioned the initiative as a bridge between traditional finance and programmable money. The expansion aims to accelerate business-to-business and cross-border payment capabilities for merchants globally.

“Visa will add support for four stablecoins running on four unique blockchains, representing two currencies that we can accept and convert to over 25 traditional fiat currencies,”

CEO Ryan McInerney said.

Stablecoin Transaction Volume Surges Fourfold

Visa’s stablecoin-linked card spending grew fourfold year-over-year, reaching a monthly run rate exceeding $2.5 billion. The payment network has processed over $140 billion in stablecoin transactions since 2020.

Furthermore, the expansion builds on existing infrastructure that connects crypto wallets to Visa’s global network. Merchants receive settlement in their preferred fiat currency without holding digital assets themselves.

The four supported blockchains represent diverse ecosystem approaches. Ethereum provides the largest DeFi infrastructure, while Solana offers high-speed transaction processing. Stellar focuses on cross-border payments, and Avalanche delivers enterprise-grade scalability.

Notably, USDC remains the most widely adopted stablecoin on Visa’s network, while EURC provides euro-denominated stability for European merchants. PYUSD, issued by PayPal, extends the payment giant’s digital currency reach, and USDG rounds out the multi-currency offering.

Cross-Border Payment Infrastructure Expands

The announcement addresses the growing demand for crypto payment rails in international commerce. Traditional cross-border payments often take days and incur significant fees. Stablecoin settlements are complete within minutes at reduced costs.

Additionally, Visa’s infrastructure converts incoming stablecoin payments to fiat currency before merchant settlement. This approach eliminates volatility risk for businesses while preserving crypto payment benefits for customers.

The payment network partners with crypto exchanges and wallet providers to enable the service. These partnerships create on-and-off ramps between blockchain networks and traditional banking systems.

In fact, over 200 countries gain access to the expanded stablecoin payment capabilities. Merchants in these markets can accept digital currency payments without establishing separate crypto infrastructure or compliance frameworks.

The multi-blockchain approach provides redundancy and flexibility. If one network experiences congestion, transactions can route through alternative chains. This architecture improves reliability for time-sensitive business payments.

Support for over 25 fiat currencies ensures merchants receive settlement in their operating currency. Currency conversion happens automatically through Visa’s existing foreign exchange infrastructure, maintaining familiar settlement processes for businesses.

The initiative follows broader institutional adoption of stablecoin payment rails. Major corporations and financial institutions increasingly use blockchain networks for treasury operations and supplier payments.

With this development, Visa continues expanding its digital currency capabilities alongside traditional card networks. The company views stablecoins as complementary to existing payment methods rather than replacements.

Disclaimer: Coinwaft is a crypto media platform providing cryptocurrency news, analysis, and trading information. The content of this article is for informational purposes only and should not be considered as financial, legal, or investment advice. Readers are advised once again to research or consult a financial expert before making any financial decision.

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Sulaimon Adewole

Sulaimon Adewole

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