Visa expanded stablecoin settlement support to include PYUSD, USDG, and EURC on Avalanche and Stellar networks, joining existing Ethereum and Solana support. The move reflects growing institutional adoption of stablecoins following the U.S. GENIUS Act regulatory framework.
Visa announced expanded stablecoin settlement capabilities, now supporting PayPal's PYUSD, Paxos-issued USDG, and Circle's EURC across Avalanche and Stellar blockchains, in addition to existing Ethereum and Solana infrastructure. The announcement comes weeks after President Trump signed the GENIUS Act, establishing the first comprehensive federal regulatory framework for stablecoin issuance and regulation in the U.S. Visa's move signals institutional confidence in stablecoins as payment infrastructure, with the company positioning them as tools to accelerate blockchain-based money movement. The expansion follows Visa's 2021 support for USD Coin on Ethereum and recent partnerships like its April collaboration with Stripe's Bridge for stablecoin-linked debit cards in Latin America.