The financial services company has continued to expand deeper into crypto this year
Visa is expanding its footprint in digital payments by adding support for four new stablecoins across four separate blockchains. The announcement came during the company’s fourth-quarter earnings call, where CEO Ryan McInerney highlighted growing demand for stablecoin transactions among consumers and businesses. The move signals Visa’s ongoing commitment to integrating blockchain technology into its global payment network.
McInerney did not specify which stablecoins or blockchains would be added, but confirmed that the company’s support would extend across multiple networks and currencies. The goal is to allow easier conversion between digital assets and more than 25 fiat currencies worldwide. This expansion follows Visa’s earlier adoption of Circle’s USDC, PayPal’s PYUSD, and Euro Coin (EURC) on blockchains like Ethereum, Solana, Stellar, and Avalanche.
The company has already seen strong growth in stablecoin-linked transactions, processing more than $140 billion in crypto and stablecoin flows since 2020. Over the past year, Visa’s global consumer spending tied to stablecoin cards has quadrupled. The firm also reported that monthly settlement volumes for stablecoins have surpassed an annualized rate of $2.5 billion, showing increasing comfort among users transacting with digital assets.
A major part of Visa’s plan involves enhancing its services for banks and financial institutions. Through Visa Direct, the company is enabling cross-border transfers using stablecoins like USDC and EURC, helping businesses pre-fund transactions more efficiently. The company also aims to let partner banks mint and burn their own stablecoins through the Visa Tokenized Asset Platform, improving liquidity and settlement options.
McInerney said Visa sees stablecoins as a bridge between traditional finance and blockchain-based systems. By broadening its coverage, Visa hopes to make digital currency transactions faster, cheaper, and more secure for both institutions and consumers.
