Four Stablecoins, Four Blockchains: Visa’s Big Step in Digital Payments

Visa, a leading global payments company, is set to incorporate multiple stablecoins into its payment infrastructure. The move is designed to enhance the efficiency and flexibility of fund transfers and settlements across its network, offering new options for processing transactions.

Stablecoin Integration Across Visa’s Network

Visa’s CEO, Ryan McInerney, outlined that the company will support four stablecoins operating on four distinct blockchains . These coins cover two currencies and can be converted into over 25 fiat currencies through Visa’s infrastructure. He also highlighted that spending via stablecoin-linked Visa cards grew fourfold compared with the previous year, indicating strong adoption within the market.

Since 2020, the company has managed more than $140 billion in crypto and stablecoin transactions. Of that total, over $100 billion involved purchases of crypto and stablecoin assets made using Visa credentials. This demonstrates the payment company’s growing experience in handling digital assets within its traditional payment ecosystem.

Visa now offers more than 130 stablecoin-linked card programs across over 40 countries. In addition, the company allows banks to issue and redeem their own stablecoins through the Visa Tokenized Asset Platform. 

Regulatory Clarity and Business Applications

The company’s expansion coincides with clearer U.S. regulations for stablecoins, particularly under the GENIUS Act , which provides guidance for their use. This regulatory framework has encouraged Visa and other financial institutions to explore the potential of stablecoins more confidently.

In September, Visa announced a pilot program for stablecoin prefunding through Visa Direct. This initiative is designed to help businesses move funds internationally more efficiently, while also providing quicker access to liquidity. It aims to support corporate treasury operations in an increasingly digital financial environment.

Visa Plans to Modernize Credit and Transactions with Stablecoins

Additionally, stablecoins are expanding their role in broader financial services. According to a recent Visa report, more than $670 billion in stablecoin-denominated loans have been issued via smart contracts, with volumes showing strong growth compared with the previous year.

The company sees this as an opportunity to modernize credit processes and promote financial inclusion worldwide and aims to support its network of over 15,000 financial institutions in adapting to the expanding stablecoin market and building the tools and systems needed for on-chain lending and digital payments.

As of now, the company supports major stablecoins such as PayPal USD (PYUSD), Euro Coin (EURC), and USD Coin (USDC). It has also partnered with digital asset companies to expand payment processing options and improve international transaction functionality.