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Visa is intensifying its efforts in the digital asset space, revealing intentions to support four additional stablecoins across four distinct blockchains as part of its comprehensive crypto growth strategy.
Key Takeaways:
- Visa will introduce four new stablecoins across four blockchains, enhancing its digital asset framework and global payment capabilities.
- Since 2020, the company has enabled over $140 billion in stablecoin and cryptocurrency transactions.
- Visa intends to allow banks to mint and burn stablecoins via its tokenized asset platform.
During the company’s fourth-quarter earnings call on Tuesday, CEO Ryan McInerney stated that Visa will “add support for four stablecoins operating on four distinct blockchains, representing two currencies that we can accept and convert into over 25 traditional fiat currencies.”
This initiative highlights Visa’s increasing confidence in stablecoins as a significant link between conventional finance and blockchain-based payment systems.
Visa Broadens Its Scope Beyond USDC and PYUSD With New Stablecoin Integrations
Although McInerney did not specify which stablecoins or networks would be involved, this announcement builds on Visa’s current integrations.
The company presently supports Circle’s USDC and Euro Coin (EURC), PayPal’s PYUSD, and Global Dollar (USDG) across Ethereum, Solana, Stellar, and Avalanche.
Visa’s aspirations regarding stablecoins have rapidly progressed over the last year. McInerney noted “particular momentum” in the sector, indicating that Visa has facilitated over $140 billion in cryptocurrency and stablecoin transactions since 2020.
The firm’s stablecoin-linked card services have experienced a fourfold increase in spending year-over-year, while its stablecoin settlement network exceeded a $2.5 billion annualized volume run rate in the most recent quarter.
The payments leader is also enhancing its role as a facilitator for banks entering the stablecoin market.
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BREAKING:
VISA TO ACCEPT PAYMENTS IN 4 STABLECOINS ON 4 SEPARATE BLOCKCHAINS, THAT CAN SETTLE INTO FIAT CURRENCY.
CRYPTO MASS-ADOPTION IS HERE! pic.twitter.com/wbbmEdTIeE— Mister Crypto (@misterrcrypto) October 28, 2025
McInerney mentioned that the next phase will concentrate on enabling banks to mint and burn their own stablecoins utilizing Visa’s tokenized asset platform, as well as enhancing cross-border money transfers through Visa Direct.
“There is much more to come in this space,” McInerney informed investors, indicating Visa’s goal to establish stablecoins as a mainstream payment method for global commerce.
This announcement arrives as stablecoin transactions have surged to $46 trillion worldwide, according to industry data, reinforcing their position as one of the fastest-growing elements of the digital financial ecosystem.
Western Union to Launch Dollar-Backed Stablecoin on Solana by 2026
Western Union is also making its entry into the stablecoin arena with plans to introduce the US Dollar Payment Token (USDPT) on the Solana blockchain in the first half of 2026.
The token, issued by Anchorage Digital Bank, will enable users to transfer money globally with reduced fees and quicker settlement times, lessening dependence on traditional banking intermediaries and fluctuating currency conversions.
CEO Devin McGranahan characterized the initiative as a continuation of Western Union’s 175-year mission to simplify money transfers, now utilizing blockchain technology.
He noted that Solana was selected for its speed, scalability, and low-cost transactions, which are essential for the company’s high-volume remittance operations.
By utilizing blockchain infrastructure, Western Union aims to make remittances almost instantaneous and more transparent.
If widely embraced, USDPT could expand stablecoin usage beyond cryptocurrency trading and into everyday payments, bill settlements, and cross-border commerce, representing a significant advancement toward mainstream digital dollar adoption.
The post Visa to Expand Stablecoin Support Across Four Blockchains appeared first on Cryptonews.
