Visa to Expand Stablecoin Support Across Four Blockchains, Deepening Crypto Push
Quick Breakdown
- Visa will support four new stablecoins across four distinct blockchains, expanding its crypto settlement network.
- The company recorded $140B in crypto and stablecoin flows since 2020 and a fourfold increase in stablecoin-linked spending.
- Visa plans to help banks mint and burn stablecoins via its Tokenized Asset Platform to streamline global transactions.
Visa doubles down on stablecoin adoption
Global payment leader Visa has announced plans to introduce support for four additional stablecoins across four separate blockchains, reinforcing its growing presence in the digital asset ecosystem.
Emerging tech is reshaping commerce, and Visa is driving the change. We closed FY25 with strong Q4 results—proof our solutions resonate. From AI commerce to real‑time payments, tokenization & stablecoins, we’re shaping payments’ future. Read: pic.twitter.com/g9AqwtQHhT
— VisaNews (@VisaNews) October 28, 2025
During Visa’s fourth-quarter and year-end earnings call on Tuesday, CEO Ryan McInerney told investors that the company will continue scaling its stablecoin initiatives following a strong financial year.
“We are adding support for four stablecoins running on four unique blockchains, representing two currencies that we can accept and convert to over 25 traditional fiat currencies,” McInerney said.
While Visa has yet to name the specific stablecoins and networks, the expansion will complement its existing support for USDC, EURC, PYUSD, and USDG — currently active on Ethereum, Solana, Stellar, and Avalanche.
Strong growth in stablecoin transactions
McInerney highlighted that Visa is witnessing “particular momentum” in stablecoin-related activities, noting that the company has facilitated over $140 billion in crypto and stablecoin flows since 2020.
He also revealed that consumer spending using Visa’s stablecoin-linked cards grew fourfold year-over-year in the latest quarter. The company’s stablecoin settlement volume now exceeds a $2.5 billion annualized run rate, reflecting the rapid pace of adoption among users and businesses.
Visa’s next phase: minting and burning stablecoins
Looking ahead, Visa plans to extend its stablecoin infrastructure for banks and financial institutions. McInerney said the company will focus on cross-border settlements, enabling faster and more cost-efficient global payments through stablecoins.
This next phase builds on Visa’s September pilot program that allowed financial institutions to pre-fund cross-border payments with USDC and EURC via Visa Direct.
McInerney added that the firm is now allowing banks to mint and burn their own stablecoins through the Visa Tokenized Asset Platform, signaling a deeper integration of blockchain technology into traditional finance.
“We are enhancing our solutions layer to give clients more flexibility with stablecoin settlement and cross-border money movement,”
he said.
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