Visa Expands Settlement Platform to Stellar, Avalanche, Adds Support for 3 Stablecoins

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Key PointsThe total size of the stablecoin industry ($250 billion) still pales in comparison to Visa's market cap ($700 billion).As a result of their size and global reach, Tether and USDC have the greatest potential to disrupt Visa.PayPal's new stablecoin could play an important role in driving transaction growth at consumer-facing businesses. 10 stocks we like better than USDC › Stablecoins have exploded onto the crypto scene, and are now a $2…

Visa Expands Settlement Platform to Stellar, Avalanche, Adds Support for 3 Stablecoins

Global payments provider Visa (V) is expanding its stablecoin settlement platform to new blockchains and stablecoins, the company announced on Thursday.The firm will now support two dollar-pegged tokens, PayPal USD (PYUSD) and Global Dollar (USDG), through a partnership with Paxos. It is also adding the euro-backed EURC, issued by Circle Internet (CRCL), giving partners access to settlement in both U.S. dollars and euros.Two new blockchains, Ste…

Visa Adds More Stablecoin Support, Taps Stellar and Avalanche Chains

Visa continues its journey into the ever-evolving world of cryptocurrency and blockchain, adding support for more coins and chains to boost its versatility. Meanwhile, stablecoins remain one of the leading trends in adoption during this year. A Bit of Everything In a press release shared with invest...

Visa Has Expanded Stablecoins Settlement Platform Avalanche and Stellar Blockchains

Visa has expanded its stablecoin settlement platform by adding support for three stablecoins—PayPal USD (PYUSD), Global Dollar (USDG), and Circle’s euro-backed EURC—and two new blockchains, Avalanche and Stellar, alongside existing support for Ethereum and Solana. This move brings Visa’s platform to four stablecoins and four blockchains, enhancing flexibility for cross-border transactions. The integration of Avalanche, […] The post Visa Has Expa…

Two Dollar-Backed Stablecoins, Two Blockchains, and EURC Make Their Way to Visa’s Payment Network

Visa is expanding its support for stablecoin settlement. Global Dollar (USDG) and PayPal USD (PYUSD) will be available on Visa. Visa will activate support for Stellar and Avalanche, and integrate EURC. Leading card payment organization, Visa, is expanding its stablecoin settlement support, according to an announcement. The payment platform will add two USD-backed stablecoins, two blockchains, and the euro-backed EURC. Visa consolidates leadershi…

Visa Expands Stablecoin Ecosystem To Include PayPal, Circle

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Global digital payment company Visa, has announced plans to enhance its settlement platform by incorporating additional stablecoins and blockchain technologies.  This decision comes amid a global shift toward a more crypto-friendly landscape. After years of skepticism regarding digital assets, the US recently passed t…