Global payment giant Visa has taken a significant leap forward in the crypto space by integrating three new stablecoins — PayPal USD (PYUSD), Global Dollar (USDG), and EURC (from Circle) — along with two major blockchains: Stellar and Avalanche. The announcement was reported by Incrypted.
The integrations were made possible through a technical partnership with Paxos, enabling the support of assets pegged to both the US dollar and the euro.
This move allows Visa’s pilot partners to settle transactions not only in fiat currencies but also in stablecoins, including those pegged to the euro. These additions expand Visa’s already robust payment ecosystem, which currently supports transactions in over 25 fiat currencies worldwide.
As of now, Visa’s crypto network supports:
- Stablecoins: USDC, PYUSD, USDG, EURC
- Blockchains: Ethereum, Solana, Avalanche, Stellar
Rubaiel Bhirwadker, Visa’s Head of Crypto Growth and Strategic Partnerships, emphasized that the company is building a multicurrency, multichain infrastructure designed to meet the evolving needs of banks, developers, platforms, and global users.
So far in 2025, Visa has:
- Expanded its network of stablecoin-compatible card issuers
- Built out infrastructure for direct stablecoin settlements
- Integrated wallet compatibility across multiple blockchain ecosystems
With this, Visa positions itself as a key architect of the new financial era — one where crypto and fiat operate seamlessly across borders and platforms.
Notably, German firm AllUnity recently launched EURAU, a new euro-backed stablecoin, highlighting the growing momentum behind European digital assets — and reinforcing that the global stablecoin economy is only just beginning to unfold.
Information and photo: minfin.com.ua