Visa announced expansion of its stablecoin settlement platform to support additional USD-backed stablecoins (USDG and PYUSD), the euro-backed EURC, and two new blockchains including Stellar and Avalanche, enabling multi-chain and multi-currency settlement capabilities.
Visa has expanded its settlement platform to support a broader stablecoin ecosystem. The company added support for two new USD-backed stablecoins through a partnership with Paxos—Global Dollar (USDG) and PayPal USD (PYUSD)—as well as Circle's euro-backed stablecoin EURC. Critically for the Stellar ecosystem, Visa added Stellar and Avalanche as supported blockchains alongside existing support for Ethereum and Solana. This expansion enables Visa's pilot partners to access settlement in both USD and EUR-backed stablecoins across multiple chains. Visa positions this as building a multi-coin, multi-chain foundation to facilitate interoperable stablecoin payments at scale globally.