Visa Expands Stablecoin Support with Paxos and Circle

Visa is aggressively expanding its stablecoin infrastructure, adding support for PayPal USD (PYUSD) and Global Dollar (USDG) from Paxos, alongside Circle's euro-backed EURC. The payments giant is also integrating Stellar and Avalanche blockchains to enhance transaction speed and cost efficiency.

"When stablecoins are trusted, scalable and interoperable, they can fundamentally transform how money moves," said Rubail Birwadker, Visa's global head of growth products. The MOVE signals growing institutional confidence in blockchain-based settlement solutions.

The expansion enables Visa partners to settle in both USD and EUR denominations using regulated digital assets. This strategic play positions Visa at the forefront of bridging traditional finance with crypto-native payment rails.