Visa Expands Stablecoin Settlement Support to USDG, PYUSD, and EURC: A Game-Changer for Global Payments

• Why Is Visa Betting Big on Stablecoins?
• How Does Visa’s Multi-Chain Strategy Work?
• Paxos Partnership: What’s the Deal?
• CEMEA and Latin America: Why These Regions?
• Stablecoin-Linked Cards: The Next Frontier?
• Tokenized Asset Platform: The Hidden Gem
• FAQs: Your Burning Questions Answered

Visa is doubling down on its crypto ambitions by adding settlement support for two new USD-backed stablecoins (USDG and PYUSD), Circle’s EURC, and integrating Stellar and Avalanche blockchains. This move builds on its existing Ethereum and Bitcoin support, aiming to streamline cross-border transactions and reduce banking inefficiencies. Partnering with Paxos and expanding into CEMEA and Latin America, Visa is positioning itself as a leader in bridging traditional finance with the digital asset ecosystem. Here’s why this matters for businesses, consumers, and the future of money.

Why Is Visa Betting Big on Stablecoins?

Visa isn’t just dipping its toes into crypto—it’s diving headfirst. The payments giant announced on July 31, 2025, that it’s adding Global Dollar (USDG) and PayPal USD (PYUSD) to its stablecoin settlement roster, alongside Circle’s euro-pegged EURC. This isn’t just about hopping on a trend; it’s a strategic play to address real pain points in global finance. As Ryan McInerney, Visa’s CEO, put it: "Stablecoins can slash the cost and time of international transfers, especially in emerging markets where local banking systems are clogged with inefficiencies."

How Does Visa’s Multi-Chain Strategy Work?

Visa’s new support for Stellar and Avalanche blockchains (adding to ethereum and Bitcoin) reveals a clever approach: interoperability. Rubail Birwadker, Visa’s Global Head of Growth Product, explained, "We’re building a multi-coin, multi-chain foundation because no single blockchain dominates global payments." This means merchants won’t need to worry about which chain a stablecoin lives on—Visa’s network will handle the behind-the-scenes conversions. Think of it like a universal translator for digital money.

Paxos Partnership: What’s the Deal?

The collaboration with Paxos is a key piece of the puzzle. Paxos, known for its regulatory-compliant stablecoins, will help Visa integrate USDG and PYUSD into its Visa Direct platform. Remember when Paxos tweeted on July 31? "Honored to join forces with Visa to shape the future of financial rails." This isn’t just corporate fluff—it signals how traditional finance and crypto-native firms are increasingly interdependent.

CEMEA and Latin America: Why These Regions?

Visa’s June 2025 expansion into Central/Eastern Europe, Middle East, Africa (CEMEA), and Latin America isn’t random. Godfrey Sullivan, Visa’s SVP for CEMEA, noted, "Every institution moving money needs a stablecoin strategy now." In regions with volatile local currencies or limited banking access, dollar-pegged stablecoins offer stability. Take Yellow Card in sub-Saharan Africa—Visa’s partnership enables them to settle transactions in USDG 24/7, even on weekends (a big deal for time-sensitive trades).

Stablecoin-Linked Cards: The Next Frontier?

Visa’s April 2025 collab with Bridge to launch stablecoin-powered Visa cards could be a sleeper hit. Imagine buying coffee in Mexico City with PYUSD or paying rent in Buenos Aires via EURC—all without currency conversion fees. Jack Forestell, Visa’s Chief Product Officer, nailed it: "This makes stablecoins usable for daily life, not just trading." Early adopters in Argentina and Colombia are already testing these cards, with Chile and Peru next in line.

Tokenized Asset Platform: The Hidden Gem

Less flashy but equally important is Visa’s Tokenized Asset Platform, which lets banks issue their own stablecoins. Picture a world where your local credit union offers a "Community Dollar" stablecoin, programmable for things like payroll or microloans. It’s like giving traditional finance the tools to compete with DeFi—on their own terms.

FAQs: Your Burning Questions Answered

Which stablecoins does Visa now support?

Visa supports USDG, PYUSD, EURC, and USDC (previously integrated). That’s four major stablecoins across multiple blockchains.

Can I use stablecoins with my existing Visa card?

Not yet—but Visa’s partnership with Bridge will roll out stablecoin-linked cards in select markets by late 2025. Keep an eye on announcements for your country.

Why add Avalanche and Stellar?

Stellar excels at low-cost micropayments, while Avalanche offers speed and eco-friendly consensus. Together with Ethereum and Bitcoin, they cover diverse use cases.

How much volume has Visa settled in stablecoins?

Over $225 million to date, per Visa’s July 2025 disclosure. Small compared to traditional payments, but growing fast.