Visa is expanding stablecoin support to four new stablecoins on four unique blockchains, enabling banks to mint and burn them via its tokenized asset platform. The company already supports USDC, EURC, PYUSD, and USDG on Ethereum, Solana, Stellar, and Avalanche. This move highlights Visa's growing focus on stablecoins for cross-border payments, with stablecoin-linked card spending up fourfold year-over-year.
Visa CEO Ryan McInerney announced during the Q4 2025 earnings call that the company will add support for four new stablecoins operating on four unique blockchains, convertible to over 25 fiat currencies. Visa currently backs stablecoins like USDC, EURC, PYUSD, and USDG on Ethereum, Solana, Stellar, and Avalanche. The expansion includes enabling banks to mint and burn their own stablecoins using Visa's tokenized asset platform and enhancing Visa Direct for cross-border payments. McInerney noted strong momentum, with $140 billion in crypto and stablecoin flows since 2020 and monthly settlement volumes exceeding a $2.5 billion annualized run rate. Global consumer spending on Visa's stablecoin-linked cards grew fourfold in Q4 compared to the prior year. Visa aims to broaden offerings for banks and facilitate more cross-border transactions.
